Alternative sources of debt needed to finance over $10trn of Asian infrastructure, delegates heard at a recent World Bank forum.
2 min read · 31 May 2013
Five months in, and already Europe’s gaggle of private equity groups has extracted more equity from their portfolios – €2.3 billion no less in the first quarter alone – via debt-led recapitalisations than in the whole of 2012.
3 min read · 31 May 2013
An increasing number of LPs are boosting allocations to debt. Nick Cavalla, chief investment officer for The University of Cambridge Endowment Fund, explains why his fund is one of them.
2 min read · 31 May 2013
The two private equity veterans have acquired 50% of the Spanish lender’s €152bn asset management business.
2 min read · 31 May 2013
The $12bn system is reviewing a new strategic plan that could see LACERS invest more in distressed debt and consider secondary sales of non-core investments.
2 min read · 31 May 2013
Encore expands it reach in the UK credit market through an usual transaction with JC Flowers.
2 min read · 30 May 2013
Refinancings should continue to provide opportunities for investors as companies are forced to adjust their capital structures, according to Marc Ciancimino, head of KKR’s mezzanine group.
2 min read · 30 May 2013
The firm plans to market its debut CLO in early 2014, says Eckert, who led GSC Group until it collapsed in 2010.
1 min read · 30 May 2013
Boutique microfinance provider Enterprise Ventures has appointed former Bank of Scotland executive Steward McCombe as head of its new £15m mezzanine fund.
1 min read · 30 May 2013
The European Commission will postpone applying Solvency II’s strict capital requirements on pension funds.
2 min read · 29 May 2013