The Chicago-based lender provided $12 million in financing to back private equity sponsored Saladworks.
1 min read · 17 September 2015
Conergy’s original credit facility was arranged last year by Deutsche Bank with $60m in funding from Tennenbaum Capital Partners.
2 min read · 17 September 2015
Fitch Ratings said that the performance of European senior secured loans held firm during a summer of market volatility.
2 min read · 17 September 2015
The board of TICC Capital Corp has rejected a rival bid for control of the firm from TPG Specialty Lending. The BDC’s board is still recommending the switch from its own underperforming investment advisor to Benefit Street Partners, which was announced last month.
3 min read · 16 September 2015
Bindesh Savjani joins Intermediate Capital Group from Aberdeen Asset Management.
1 min read · 16 September 2015
The FSIC IV vehicle plans to offer 250 million shares at $10.60 per share to raise up to $2.65 billion.
2 min read · 16 September 2015
The change of control hands a majority stake in the firm to France’s IDI and brings leverage to around 4x.
2 min read · 16 September 2015
The Connecticut investment firm’s target for its Gramercy Distressed Opportunities Fund III is over three times larger than the $305 million raised by the predecessor vehicle.
2 min read · 16 September 2015
The value-add manager has bought two real estate-based portfolios of loans and assets.
2 min read · 15 September 2015
The debt arm of Brunswick Real Estate, LREC, has appointed Göran Cöster to its investment board to advise on deals in the Nordics.
1 min read · 15 September 2015