The firm’s debut energy mezzanine fund had a $500m target and invests in energy companies similar to those in Energy Capital’s two private equity funds.
2 min read · 08 February 2013
The European Union-focused fund manager has acquired 22.5% of the 288-megawatt Butendiek project. Danish pensions Industriens Pension and PKA, plus Germany’s Siemens Financial Services, have also purchased 22.5% stakes.
2 min read · 15 February 2013
Market participants are urging European regulators to reassess CLO rules, which they believe have barred new CLOs being raised since the credit crisis.
2 min read · 08 February 2013
Standard & Poor’s estimates private debt sources – what it calls ‘shadow banking’ – can provide up to $25bn of project finance loans this year. However, it warns its ‘opaque nature’ carries certain risks.
2 min read · 07 February 2013
The International Finance Corporation is one of a host of LPs in a R$1bn credit vehicle, designed to address lending deficiencies in Brazil’s private sector and managed by Arminio Fraga's Gávea Investimentos.
1 min read · 07 February 2013
The volume of non-bank lending into Europe has been described as “extraordinary” in a recent report gauging attitudes towards the European distressed debt space, which suffered a difficult year as the expected wave of restructurings failed to materialise.
3 min read · 07 February 2013
Mark DeNatale and Scott Bynum have been reunited with former colleague Steve Hickey at CVC Credit Partners, the debt arm of buyout group CVC, after leaving Goldman Sachs.
2 min read · 08 February 2013
Troubled infrastructure projects can make use of traditional restructuring tools but also have their own unique requirements. Madlyn Gleich Primoff and Neal Hampton explain why
6 min read · 15 February 2013
The UK Coalition government has made no shortage of announcements on infrastructure, but how good are the ideas and how much progress have they made? Opposition Labour MP John Healey gives his verdict
8 min read · 15 February 2013
The insurance company is providing a 30-year, fixed rate tranche as part of a €100m loan put together by Natixis for a French prisons PPP. The deal is the first from a €2bn debt partnership between the French bank and Ageas, signed last October.
2 min read · 14 February 2013
