The French holiday park owner has replaced a mixed bank and debt fund lending group with a larger facility from two debt funds as new sponsor, Stirling Square, takes the helm.
1 min read · 17 August 2015
The London-headquartered asset manager is extending £13 million towards redevelopment of the Liberty Shopping Centre in Essex.
1 min read · 17 August 2015
PennantPark Floating Rate Capital and the MCG Capital Corporation’s equity holders voted to approve the proposed merger. The transaction should close this week.
2 min read · 17 August 2015
Several law firms and the Shareholders Foundation have announced an investigation into potential securities law violations by the lending firm. Medley also announced its second quarter results, which show an AUM increase but a revenue drop stemming from some credit losses.
4 min read · 17 August 2015
There has been a noticeable smatter of mergers and acquisitions among managers in the private debt market recently. So has the anticipated wave of consolidation begun? And does it benefit investors as much as the managers?
2 min read · 14 August 2015
New Mountain Capital has named Karrie Jerry interim chief compliance officer (CCO), replacing Paula Bosco, who departed earlier this summer.
1 min read · 13 August 2015
The secured credit line is in support of the $30 million acquisition of high school alumni social network, Classmates Inc. by private equity-backed online data resource Intelius.
2 min read · 13 August 2015
The vehicle has deployed 19 percent of its capital since it listed in May.
2 min read · 13 August 2015
One of the UK’s most well-known schools has, for the first time, tapped the debt market to invest in its endowment trust.
1 min read · 13 August 2015
Asia-Pacific focused senior private debt funds are largely under-allocated in comparison to other regions of the world
1 min read · 13 August 2015
