The $184 billion pension fund has created a $200 million credit programme for small businesses in the state. Hamilton Lane, which already runs an in-state private equity program with the pension fund, will advise on deals, while several banks will provide leverage.
2 min read · 11 November 2015
CR Investment Management has hired a real estate debt NPL specialist as part of its push into debt and equity capital markets.
1 min read · 11 November 2015
The $2.5bn California pension fund has invested $50m apiece in direct-lending funds managed by Crestline Investors and White Oak Global Advisors.
2 min read · 11 November 2015
Michael Henningsen with 15 years advisory experience in alternative assets and capital markets will co-lead First Avenue’s expansion in Asia-Pacific.
2 min read · 11 November 2015
Sister title Real Estate Capital hosted its inaugural forum in New York this week, with Blackstone and Starwood executives championing the rise of private capital in real estate lending.
3 min read · 10 November 2015
Faraaz Kamran, managing director and head of healthcare leveraged finance at Madison Capital Funding, left the firm this week.
2 min read · 10 November 2015
Franklin Square’s public BDC posted weaker earnings in Q3 after several closings were delayed.
3 min read · 10 November 2015
The high-growth, no-covenant European lender is closing in on its fifth fund, which will be larger than its 2013 €240 million predecessor.
1 min read · 10 November 2015
The firm refinanced IGM Resins with a unitranche facility and Suitsupply with a PIK note for its management buyout.
2 min read · 10 November 2015
A steering committee has agreed to the proposal in a non-binding letter of support, while a second plan from a Farallon-led committee has also emerged, according to reports.
2 min read · 10 November 2015
