The Wall Street institution already has a mezzanine group that invests in companies with at least $15m of EBITDA.
2 min read · 18 August 2017
The fund has acquired a ‘diverse portfolio of bond and loan positions’ with proceeds from its IPO.
2 min read · 18 August 2017
The EC has proposed establishing extra-judicial measures to collect collateral to help deal with Europe’s NPL mountain, but not all are convinced this is the solution to kick-starting the much anticipated sell off of toxic assets.
3 min read · 18 August 2017
The US pension fund backed two distressed debt vehicles.
1 min read · 18 August 2017
The CarVal fund is focused on US and Europe, while the Canvas fund is targeting distressed opportunities in Brazil.
2 min read · 17 August 2017
Ares and TCP had lent the audio platform operator senior secured debt.
2 min read · 17 August 2017
With pricing pressure hitting direct lending funds, investors may become more likely to consider multi-strategy debt funds. But can direct lending fit into such offerings?
2 min read · 17 August 2017
The fund has raised $440m in recent months, having held a fourth close on Friday.
2 min read · 16 August 2017
Apollo’s stock, which falls under the growth and expansion strategy in the pension plan’s private equity portfolio, grew nearly 75% in the year ended 30 June.
2 min read · 16 August 2017
The average multiple was inflated by buyouts of $1bn and above, and by consumer and tech transactions.
2 min read · 16 August 2017
