AllianceBernstein’s Private Credit Investors group has hired three senior people from Varagon Capital Management, Fifth Street Asset Management and Cerberus.
2 min read · 11 April 2016
The fund manager’s VeCREF 1 vehicle, which targets the mid-market, is aiming for a £250m final total.
2 min read · 11 April 2016
The UK’s Foresight Solar Fund has reached financial close on a £160m long-term debt facility.
2 min read · 11 April 2016
The $1bn Spotify deal highlighted the hunger for tech companies among some debt capital providers. But will they regret following the latest fashions?
3 min read · 08 April 2016
The $150m senior secured facility will be used to finance commercial vehicles in low-income states.
1 min read · 08 April 2016
Joseph Gillingwater joins Northern Trust from State Street to lead the business of fixed income securities lending trading for the company.
1 min read · 08 April 2016
An SEC filing reveals that Audax has raised $906m for its fourth fund, which targets mezzanine deals of between $15m and $100m.
1 min read · 08 April 2016
The asset management arm of the bank owned by France’s national postal service has reached a €533m first close on two debt funds.
2 min read · 08 April 2016
George Mansour, formerly origination manager in the technology finance group at PNC Business Credit, has left the bank to join a California venture capital firm.
1 min read · 07 April 2016
Q1 2016 closed-ended mezzanine and subordinated debt funds raised less than 30 percent of the Q1 2015 total.
1 min read · 07 April 2016