The €650m deal involved moving assets from Recovery Fund 2008, which counted Teachers' Retirement System of Louisiana as an investor, into a new vehicle managed by the mezzanine firm.
2 min read · 29 June 2017
The Ohio pension's private debt target is now 5%.
1 min read · 29 June 2017
Despite the recovery of M&A deal value over the last six months, the lack of activity in the mid-market is a negative for private debt providers.
1 min read · 29 June 2017
A new report finds almost half of asset managers reviewing investment structures to make sure they are compliant with the OECD initiative.
2 min read · 29 June 2017
Borrowers are being allowed to borrow larger amounts of capital in addition to the original debt facility.
2 min read · 28 June 2017
The strategy focuses on ‘underserved’ real estate spaces like office and medical.
1 min read · 28 June 2017
The deal adds yet another portfolio company to Dyal’s growing list of investments in alternative asset managers.
2 min read · 28 June 2017
The hire comes as the firm is raising capital for its $6.5bn distressed fund.
2 min read · 28 June 2017
The firm has provided a unitranche facility aiding the buyout of two brands for anti-fungal topical ointments.
1 min read · 28 June 2017
The firm reached a first close of €180m for its latest pan-European private debt fund last month.
2 min read · 28 June 2017