There was no shortage of takers for the debt financing backing the buyout of German drugs firm Stada, despite an aggressive element to the structure.
3 min read · 08 November 2017
Private debt funds of funds are struggling to gain traction; do alternative models offer the kind of access investors are looking for? John Bohill talks about StepStone’s SMA network.
2 min read · 08 November 2017
The mid-market lender cut its dividend by 33% and reduced its annual net investment income outlook.
2 min read · 08 November 2017
With Lone Star, Apollo and Oaktree among the leading lights, North America accounts for much of the PDI 50 – but funds from elsewhere are growing in influence.
1 min read · 08 November 2017
The latest data show a declining number of fund closes and protracted fundraising timetables.
1 min read · 07 November 2017
The mid-market lender, which serves as investment advisor to the FS Investment Corporation BDC, has been rolling out new strategies at a clip.
2 min read · 07 November 2017
The firm’s real estate debt business launch follows hot on the heels of its latest private debt fund close.
2 min read · 07 November 2017
The top ten firms in the PDI 50 have accounted for more than $300bn of capital raised over the last five years.
1 min read · 07 November 2017
Europe’s largest asset manager closes third senior loan vehicle.
1 min read · 07 November 2017
Senior Loan Fund V is levered with a credit facility provided by Wells Fargo Bank.
2 min read · 06 November 2017