In an effort to minimise third-party fees, the pension fund manager has also hired a credit portfolio manager.
3 min read · 11 August 2015
The sale of real estate debt-focused Renshaw Bay to asset manager GAM follows a number of similar stake sales and mergers in the credit fund arena.
3 min read · 11 August 2015
The US lender’s business development company has been doing most of its deals with repeat sponsors and borrowers via unitranche loan deals.
2 min read · 10 August 2015
A survey of institutional investors by Amicus Finance also shows that 64 percent of institutional investors believe that SMEs are too dependent on bank funding.
1 min read · 10 August 2015
The senior secured facility will go towards PE-backed Sunvair Aerospace Group’s refinancing, as well as an acquisition of another aviation company.
2 min read · 10 August 2015
The London-headquartered credit manager has hired MetLife’s head of mezzanine.
1 min read · 10 August 2015
The US distressed asset buyer is said to have paid around 66 percent of par value for the €400 million of Dutch real estate loans.
2 min read · 10 August 2015
The syndicated loan market does not offer debt investors the best value for money – for that you need to go properly private. And this week TICC Capital Corp found someone to guide it in that direction.
3 min read · 07 August 2015
In second quarter earnings released today, the Maryland-headquartered firm disclosed that it expects to close its first European senior debt fund by March 2016 and said initial filings for the spin out of its BDC would be made next month.
2 min read · 06 August 2015
Three of China’s state-owned asset managers have been granted permission to buy distressed debt directly from corporates.
1 min read · 06 August 2015