Partners Group predicts the favourable characteristics of European mezzanine investments – high returns and low default rates – over the last 21 years will foster increased interest in the credit instrument.
2 min read · 13 March 2013
German lender Commerzbank is reportedly being courted by a host of private equity groups interested in acquiring a portfolio of real estate loans formerly held by its Eurohypo subsidiary worth £5bn (€5.7bn; $7.4bn).
1 min read · 13 March 2013
La Banque Postale Asset Management has held a first close for an innovative infrastructure and real estate debt fund on €500m.
3 min read · 13 March 2013
AXA Private Equity, which has built out its private debt arm in recent years, has arranged what it claims is the largest unitranche financing in Europe to back the buyout of industrial parts supplier IPH.
1 min read · 05 March 2013
A UK Government-backed scheme to spur banks into increased lending has so far failed to bear fruit, suggesting the funding gap shows little sign of closing in the near future unless other sources of debt can be brought to bear.
2 min read · 05 March 2013
Hedge fund manager Eyck Capital is expected to begin trading with its first European distressed debt hedge fund next month.
2 min read · 01 March 2013
Investors are increasingly looking for income-focused strategies that are less sensitive to interest rate and inflation shocks, with high yield bonds.
2 min read · 01 March 2013
The three co-founders of private debt manager Palio Capital Partners have joined asset manager Chenavari Investment Managers after failing to launch an IPO of their maiden fund.
2 min read · 01 March 2013
Babson Capital Europe has already started lending to distressed European businesses, as it works to finalise 20-30 commitments ahead of a projected September close.
1 min read · 28 February 2013
ECM Asset Management has launched European corporate-focused Luxembourg-domiciled UCITs absolute return fund attempts to capture rise and falls in the deleveraging credit cycle.
2 min read · 26 February 2013