The firm plans to raise $40m to offer debt capital to businesses in low income communities. The firm already has commitments from a number of local and foreign LPs.
2 min read · 17 April 2013
The $9.2bn retirement association may add a 10% allocation to private debt strategies as early as August, according to meeting materials.
2 min read · 17 April 2013
Institutional investors could be poised to make greater inroads into Europe’s non-performing commercial real estate loans market, according to a report published today by professional services giant Ernst & Young.
2 min read · 16 April 2013
By providing real estate debt financing alongside its more typical equity investments, the London-based private equity real estate firm has generated impressive returns for its second opportunity fund.
2 min read · 16 April 2013
As the debt market in India becomes increasingly popular with GPs, the development finance institutions have backed Au Financiers directly in a $60m funding round.
2 min read · 16 April 2013
The $205bn asset manager has brought in Susan Kasser to lead its private debt business, which she believes will benefit from the firm’s existing exposure to private equity as an LP and co-investor.
2 min read · 15 April 2013
The senior debt facilities have a 13-year tenor and will yield about 10.5% annually.
2 min read · 15 April 2013
The Texas County & District Retirement System announced it had increased its distressed portfolio by $375m at its April meeting. The commitments are subject to investment and legal due diligence.
1 min read · 15 April 2013
Infrastructure debt specialist Stonebridge Financial Corporation has launched its second fund, which has a $300m target.
1 min read · 15 April 2013
High economic growth and low levels of corporate debt mean high quality lending opportunities in emerging markets are abundant, argues chief executive David Creighton.
2 min read · 15 April 2013
