The New York-based debt fund manager has acquired a $27.8 million mortgage using its seventh opportunistic/value-add fund.
1 min read · 09 April 2013
Tapping institutional LP demand for higher yields, AEA has passed the halfway mark for its third mezzanine fund.
1 min read · 09 April 2013
Hong Kong-based asset manager Shoreline Capital has held a final close on $303 million for a second Chinese distressed debt fund.
2 min read · 09 April 2013
The credit-focused firm has completed three investments in recent months, investing from both its $480m distressed fund and its debut SBIC fund.
2 min read · 08 April 2013
Monroe Capital, which launched its healthcare finance affiliate in November, has hired managing director Glenn Flinn to oversee the firm’s new office in Dallas, Texas.
2 min read · 08 April 2013
Lending by western banks to emerging markets-based companies fell by $67bn last year as the banking crisis in Europe reduced appetite for riskier credits.
2 min read · 08 April 2013
Ex-rogue trader Nick Leeson, who caused Barings Bank to collapse after completing £827 million of unauthorised trades, has been appointed as a principal at distressed debt advisory firm GDP.
1 min read · 08 April 2013
Head of infrastructure debt Deborah Zurkow says the group might also invest in AllianzGI’s debt funds.
2 min read · 10 April 2013
Placement agent Roam Capital claims the firm had been scheduled to hold a $375m final close in September 2012 on its website, yet SEC filings show the firm has raised just $79m to date.
2 min read · 09 April 2013
The Florida State Board of Administration’s $6.4bn strategic investments portfolio – which includes commitments to private debt funds – had generated a 15.8% one year return as of 31 January, according to board documents.
1 min read · 09 April 2013
