The investment banking giant’s real estate platform now has a sole global head, along with new heads of EMEA and Asia-Pacific.
3 min read · 03 August 2023
Affirmation of ‘uptier rights’ of non-PTL creditors signals a likely continuation of creditor-on-creditor violence.
3 min read · 03 August 2023
Default rates rising in high yield and leveraged loans, Fitch finds. Plus: Bootstrap acquires SVB German portfolio; and Oaktree puts the senior loans market under the microscope. Here’s today’s brief for our valued subscribers only.
6 min read · 03 August 2023
Lotus, a New York-based advisory, arranged the loan on behalf of Monroe Capital and Witkoff Group.
4 min read · 02 August 2023
The Los Angeles-based manager raised an aggregate $500m for its funds targeting the strategy in the second quarter of 2023.
2 min read · 02 August 2023
The portfolio of 201 loans has an unpaid principal balance of around $18.5bn.
2 min read · 01 August 2023
NAV loans may be an expensive form of financing, but they’re on the rise. Plus: office losses hit Goldman portfolio; and Carlyle backs auto finance platform. Here’s today’s brief for our valued subscribers only.
4 min read · 31 July 2023
The Madrid-based firm will allocate a third of capital raised to real estate debt.
2 min read · 28 July 2023
Credit Opportunities Fund’s final close beats target, brings Cap Solutions Group to $5.6bn.
2 min read · 27 July 2023
According to the terms of the deal, the combined holding company and bank will operate under the Banc of California name and brand following closing of the transaction.
2 min read · 27 July 2023