The leading 10 American retirement systems have made 293 commitments to private debt funds since 2008.
1 min read · 05 August 2016
The BDC’s exposure to European base companies was down from 10.7% to 7% as the firm also continues its strategy of reducing the amount of risk in the portfolio.
3 min read · 05 August 2016
The reality of Britain’s departure from the European Union could bring more capital into the US private debt market, as managers and LPs search for investments with higher yields and less risk.
2 min read · 04 August 2016
While it’s unusual for pension funds to invest in business development companies, Owl Rock has been raking in large cheques from these investors thanks to the strong reputation of its founders and unusually low fees.
3 min read · 04 August 2016
TICC’s total investment income included $8 million from CLO equity, $8.7 million in debt and $300,000 from other sources.
2 min read · 04 August 2016
Chris D’Auria, a long-time CLO professional, has joined the dedicated in-house manager of Guernsey-based Tetragon Financial Group.
2 min read · 04 August 2016
The US consulting firm has hired Leo Fletcher-Smith in London and Sylvia Owens in New York to build its private credit research efforts.
2 min read · 04 August 2016
The CEE specialist will initially invest in the region on a deal by deal basis, according to PDI sister publication Private Equity International.
3 min read · 04 August 2016
Kipp deVeer touted the JV and Ares Capital’s acquisition of American Capital as evidence of his firm’s ability to lead ever-larger transactions, despite concerns over a decline in deal quality.
3 min read · 04 August 2016
The life insurer has made a direct investment in a bundle of solar assets managed by fintech company CleanCapital.
1 min read · 04 August 2016