Despite amounting to only 17% of CalPERS' $32bn private equity programme, the performance of the retirement system's credit strategies portfolio drove approximately one third of the programme's 13.8% one year return.
1 min read · 13 May 2013
HarbourVest Partners has agreed a strategic partnership with senior debt specialist CIFC Asset Management that will see HarbourVest broaden its LPs’ exposure to the US debt markets.
2 min read · 13 May 2013
The firm has been particularly active in the e-commerce sector in recent weeks, having invested $75m in debt to online financing company Kabbage last month.
1 min read · 13 May 2013
It’s an age-old statement uttered by drunks and investors everywhere: “I can’t believe I did that”.
3 min read · 10 May 2013
Irish pension fund National Pension Reserve Fund (NPRF), chaired by Paul Carty (pictured), has made a cornerstone commitment of up €350m to BlueBay SME Credit Fund.
2 min read · 10 May 2013
The bank’s private debt arm has provided a term loan to fiber optic network infrastructure provider euNetworks.
2 min read · 10 May 2013
Carlyle has received more than $150m in commitments for its GMS Finance vehicle, the firm’s first business development company.
2 min read · 09 May 2013
Levine Leichtman's previous vehicle had generated a net IRR of 26.6% as of 31 December.
1 min read · 08 May 2013
New York-based firm is said to be the front runner for a portfolio of loans being sold by Britain’s part-nationalised bank Lloyds Banking Group.
2 min read · 08 May 2013
The private debt arm of Kayne Anderson Capital Advisors, in collaboration with private equity firm Comvest Partners, has provided a $24m term loan to fund the merger of Reach Media Group and Symon Communications.
1 min read · 08 May 2013
