Manager will pay a total of $2.07bn for asset-backed loans, and a portion of its unfunded commitments.
3 min read · 27 June 2023
Tipped as largest such credit fund, it works with ‘thoughtful management teams’ to craft non-equity financing.
2 min read · 27 June 2023
The firm is seeking to line up patient individual and institutional capital to target small balance loans on transitional assets.
3 min read · 27 June 2023
Lender aims to fill the void in private equity financing caused by US regional banking crisis.
2 min read · 27 June 2023
Accelex harnesses artificial intelligence and other technologies in a bid to bring more transparency to the asset class. The firm’s Nicole Weder highlights some of the opportunities and challenges.
5 min read · 27 June 2023
Though comparatively small, the roughly $160m institution has a whopping 90% allocation to alternative investments.
2 min read · 27 June 2023
The regulator said Insight charged excess management fees by inaccurately calculating management fees based on aggregated invested capital at the portfolio company level instead of at the individual portfolio investment security level.
3 min read · 27 June 2023
Majority ownership shifts to the senior lenders, led by Arbour Lane, as debt is cut substantially.
2 min read · 26 June 2023
Current monetary policy and economic conditions are creating favourable conditions for the asset class says Bruce Richards of Marathon Asset Management.
3 min read · 26 June 2023
DC Advisory sees hope for a subdued European deals market in H2. Plus: KKR teams up with PayPal for a major consumer finance deal; and Managing Partners Group predicts a private debt capital boost from high-net-worth individuals and retail investors. Here’s today’s brief for our valued subscribers only.
7 min read · 26 June 2023