The US private debt manager plans to wind down the Granite securitisation underpinning financing for £7.5 billion of the loans.
2 min read · 16 November 2015
The hedge fund firm owns an 8.4 percent interest in American Capital and has advised shareholders to vote against the planned spin-out, saying it’s unlikely to create value for stockholders.
2 min read · 16 November 2015
Private debt in Asia offers more attractive risk-adjusted returns on a relative basis compared with North America and Europe, delegates at the PDI Asia Forum heard last week. Market veterans, in particular, were aware of the pitfalls as well as the opportunities.
3 min read · 16 November 2015
News that global banks will have to raise up to €1.1tr in loss-absorbing capital creates an opportunity twice over for alternative credit providers.
3 min read · 13 November 2015
Short-term real estate lender Amicus Finance is expanding into SME lending with a new commercial finance business. The firm has hired two working capital veterans to run the new lender.
2 min read · 12 November 2015
Ireland Strategic Investment Fund has teamed up with US real estate lender Quadrant to form a real estate development lending joint-venture. The new fund is the state-controlled investment fund's second real estate lending joint-venture after it announced a tie-up with KKR earlier this year.
2 min read · 12 November 2015
The firm is opting to close the hedge fund it launched the business with and focus on longer-dated debt strategies instead.
2 min read · 12 November 2015
The Cleveland-based global investment management firm has made an investment in the Indian real estate lending platform established by KKR and GIC Private.
2 min read · 12 November 2015
The alternative investment firm saw revenues fall steeply on the back of mark-to-market unrealised losses in Q3. At the same time, the asset manager grew assets almost 15 percent from September 2014, including a second close on its European direct lending fund and healthy performance in DL strategies.
3 min read · 11 November 2015
The Allen & Overy study sampled current and future appetite for alternative financing in Europe. More than 50 percent of mid-sized corporates said they intend to increase their use of non-bank lending options.
2 min read · 11 November 2015
