Banking veteran David Scudellari has joined the Canadian pension investment manager to lead its new direct lending arm. He plans to staff the office with 10 more people and PSP will also eventually house other alternative investment professionals in the new NYC office.
3 min read · 05 November 2015
Return on investments declined somewhat as the lender’s old Antares partnership winds down. The BDC is now busy ramping its new joint venture with Varagon and sees increasing potential in larger syndicated lending.
3 min read · 05 November 2015
The $93 billion investment firm for insurance companies is set to take a majority stake in the US debt manager for $175.6 million.
2 min read · 05 November 2015
The launch comes less than a year after the Australian fund manager closed its second debt vehicle on $1.1bn.
2 min read · 05 November 2015
Joseph Wilson joined as a managing director to help the firm expand its distribution capabilities in the syndicated loans area.
2 min read · 05 November 2015
The US lender has hired two retail and consumer products-focused experts in Boston for a new industry vertical.
2 min read · 05 November 2015
Globally focused closed-ended subordinated and mezzanine funds have seen a 617 percent jump in capital between Q1 and Q3 2015 and the same period last year.
1 min read · 05 November 2015
The American pension fund could hire two or more managers to handle $200 million to $400 million in a US direct lending mandate.
1 min read · 04 November 2015
Josh Easterly of TPG Specialty Lending has called on the board of TICC to reconsider his company’s bid for the BDC. He also hinted that new regulation could benefit issuers and shareholders.
3 min read · 04 November 2015
Antares Capital has shed some positions in its technology, media and telecommunications group to combine TMT coverage with healthcare, while moving under the Canadian pension plan's ownership from General Electric.
2 min read · 04 November 2015
