The US collateralised loan obligation market is carrying over its 2012 momentum into 2013, with two recent funds from ING and Jeremy Ghose’s 3iDM.
3 min read · 26 February 2013
Distressed debt investment specialist Oaktree Capital Management is set to launch a European-focused direct lending fund to capitalise on dislocation in the continent’s credit markets.
1 min read · 22 February 2013
The ratings agency is warning Allianz Capital Partners, the Canada Pension Plan Investment Board and the Abu Dhabi Investment Authority that forward-looking tariff cuts might lead to a downgrade of part of the consortium’s outstanding debt commitments.
3 min read · 21 February 2013
The former head of 3i’s buyout division and the founder of 3i Debt Management have secured FSA approval this month for the launch of a private debt manager, dubbed Spire Partners.
2 min read · 20 February 2013
The Robert Smith-led firm will target $600m for its first debt fund and likely $500m for its second small-cap vehicle as it comes off a year in which it returned $2bn to LPs.
2 min read · 21 February 2013
CPPIB Credit Investments' in the final quarter of 2012 included a C$400 million high-yield loan to CVC-backed Formula One Group
2 min read · 21 February 2013
The Paris-based asset manager has corralled institutional capital for a senior real estate lending vehicle having set up a platform last year.
1 min read · 21 February 2013
While distressed real estate continues to create some of the firm’s best investment opportunities, Europe has been a lesser source of deal flow than anticipated.
3 min read · 21 February 2013
Buffett partners 3G for $28bn Heinz deal 2013-02-14 Christopher Witkowsky Warren Buffett’s Berkshire Hathaway has partnered with Brazilian investment firm 3G Capital to buy Heinz in what would be one of the largest-ever buyouts in the global food industry. “It was exciting coming into Pitts
2 min read · 21 February 2013
Fernando Salazar has joined real estate-focused investment banking firm The Carlton Group to lead the bank’s new Frankfurt office.
1 min read · 14 February 2013