One of the major issues affecting private debt funds is the attitude of some managers towards covenants, delegates at the LMA conference heard.
2 min read · 24 September 2015
Several large pension funds have recently made new commitments to vehicles managed by Catalyst, Torchlight, Oaktree and Silver Point, among others.
2 min read · 24 September 2015
The portfolio is spread out across the US and was sold to a number of buyers including Deutsche Bank.
2 min read · 23 September 2015
Bondholder GSO Capital is also said to be working on a proposal to reduce the €1 billion debt pile of the Norwegian papermaker.
2 min read · 23 September 2015
The manager, which specialises in investments into financial businesses, is listing the new fund on the LSE following an aborted attempt to float in December 2014.
3 min read · 23 September 2015
Sam Kwon previously worked at The Carlyle Group, within its Global Market Strategies (GMS) business, the alternative investment firm’s credit platform.
1 min read · 23 September 2015
The New York-based BDC is offering five million new shares of its common stock at $14.14 per share. Chairman Steven Klinsky is purchasing 500,000 of the new shares.
2 min read · 23 September 2015
General Electric has set up a new debt vehicle to issue the bonds in exchange for outstanding debt issued by its financial unit, which the firm is currently divesting.
2 min read · 22 September 2015
The Financial Stability Board says cutting tax biases in favour of debt would reduce corporate demand for credit.
2 min read · 22 September 2015
The London-based residential finance firm plans to add three more people to focus on projects through its new joint venture with hedge fund EJF Capital.
2 min read · 22 September 2015
