The US pension fund’s investment office says European banks deleveraging, distressed debt and dislocated credit are the current areas of market opportunity within its strategic investments portfolio.
2 min read · 31 March 2016
The firm’s Fund IV has more than doubled its amount raised – and rounded up 26 more investors – since its last SEC filing in September.
1 min read · 30 March 2016
The firm plans to raise between €400m and €800m to purchase senior secured debt in brownfield and greenfield projects.
1 min read · 30 March 2016
KKR plans to pool capital from two funds to purchase stressed assets in India through a partnership with the Indian International Asset Reconstruction Company.
2 min read · 30 March 2016
The investment from Fairfax will reduce INR 2000 crore of GVK’s debt burden and save the interest cost to around INR 300 crore per annum.
2 min read · 30 March 2016
The all-cash transaction will also see the US firm pay down €145m of junior debt.
2 min read · 30 March 2016
Permira Debt Managers is targeting €300m for the final close of its fourth CLO fund, which would make it one of the largest CLO funds raised in Europe.
1 min read · 29 March 2016
Former Park Hill and Coller executive Andrew Caspersen allegedly created a fake credit facility to support a real stapled secondaries transaction, according to the US Department of Justice’s complaint.
4 min read · 30 March 2016
Andrew Caspersen, who focused on advising secondaries transactions, including GP-led restructurings, allegedly tried to defraud two institutional investors of more than $95m.
3 min read · 29 March 2016
The $60m loan will go toward the development of a condominium tower in the Manhattan neighborhood.
1 min read · 29 March 2016
