Joel Thickins joins TPG from Australian PE firm CHAMP, while the country head and Asia co-head Ben Gray is set to leave the firm at the end of the year.
2 min read · 29 March 2016
Managing directors Lee Stern and Aaron Peck, as well as vice president Kyle Asher, will lead the firm’s new sector specialty.
2 min read · 25 March 2016
The Midwestern pension fund heard presentations from two other direct lending managers and plans to interview five for its opportunistic credit search. The retirement fund has also hired a new CIO.
1 min read · 25 March 2016
The Chicago-based firm is aiming for the same target as its previous fund and has so far won a commitment from the Minnesota State Investment Board.
1 min read · 25 March 2016
Private equity is renowned for its focus on the bottom line. Lenders lining up to tout their relationships need to bear this in mind when backing the biggest, most aggressive deals.
2 min read · 25 March 2016
The California pension fund has established a first-time private credit allocation following a recommendation from its consultant, Verus.
2 min read · 25 March 2016
The 30-year loan is part of a £580m secured financing deal that also involves the German Doctors Pension Fund and MEAG.
2 min read · 24 March 2016
Credit specialist ICG is bringing asset-based lending veteran Steven Osborne from Wells Fargo’s technology finance team in London on board to help it push into secured lending.
2 min read · 24 March 2016
Anchorage Capital’s Illiquid Opportunities V fund is seeking $1.25bn overall and expects to close by the end of March.
1 min read · 24 March 2016
Credit Suisse is exiting distressed debt as it attempts to make savings of SFr4.3 billion by 2018.
2 min read · 24 March 2016
