The close follows the departure of COO Joseph Brucchieri, who was recently replaced by Adrian Croxson, the firm’s head of European equities.
1 min read · 16 December 2016
The French asset manager has raised €240m at first close and is expected to reach a second close in the first half of 2017.
1 min read · 16 December 2016
Ares Capital Corporation and American Capital will combine to create a $12bn business development company.
1 min read · 15 December 2016
The firm would hit the fundraising trail only a year after it closed its first such fund.
1 min read · 15 December 2016
The BDC, focused on senior floating rate debt, showed a slight bump in net asset value in Q3, but is still down year-on-year.
2 min read · 15 December 2016
The firm is seeking £150 million more than it did for the predecessor fund that hit its hard-cap in 2014.
1 min read · 15 December 2016
The coming 12 months could be defined by higher deal activity and business development companies’ ability to use more leverage.
3 min read · 15 December 2016
The US firm has supported Dentix’s international push with the facility and signals a growing trend of debt funds looking to finance sponsorless transactions.
2 min read · 15 December 2016
Venn Partners has sold its second PRS bond, at tighter pricing than the first issued three weeks ago.
2 min read · 15 December 2016
The sale of the underperforming assets is part of former Tikehau partner turned UniCredit CEO Jean-Pierre Mustier’s plan to streamline the bank’s operations and deleverage its non-core portfolio.
2 min read · 15 December 2016