Distressed specialist Strategic Value Partners (SVP) is poised to recoup its investment in Klöckner Pentaplast by refinancing existing debt with new-issue PIK notes.
2 min read · 03 May 2013
“When you see the high yield market below 600 bps, run – do not walk, run – the other way.”
2 min read · 03 May 2013
The Oregon Investment Council has approved a $250m separate account with The Blackstone Group, which will invest in credit, private equity and real estate strategies.
2 min read · 03 May 2013
Mumbai-based L&T Infrastructure Finance (L&T) is joining a handful of private equity firms taking advantage of distressed opportunities in India’s infrastructure market.
1 min read · 03 May 2013
Mumbai-based L&T Infrastructure Finance (L&T) is joining a handful of private equity firms taking advantage of distressed opportunities in India’s infrastructure market.
1 min read · 03 May 2013
The $9.8bn retirement has made a $110m bet on direct lending strategies from NXT Capital, Monroe Capital and Crescent Capital.
1 min read · 02 May 2013
Cambridge & Counties Bank (CCB), jointly owned by Cambridge University Endowment Fund and Cambridgeshire Local Government Pension Fund, is profiting from a surge in refinancing activity by UK-based SMEs.
2 min read · 02 May 2013
The Orange County Employees’ Retirement System has published a policy document outlining its plans to push back against fees. The policy gives preference to strong performing managers that offer ‘the most advantageous fee structures’.
2 min read · 02 May 2013
Ken Whitney, who joined Blackstone in 1988, has long led the firm’s investor relations function, but also played a key role in helping launch business lines like corporate debt and real estate.
2 min read · 02 May 2013
Panelists at the Milken Institute Global Conference in Los Angeles discussed the current state of the credit market, and opportunities for non-traditional lenders and private debt funds.
2 min read · 01 May 2013
