The credit firm’s first fund focused on distressed debt will have a three-year investment period.
2 min read · 13 April 2015
The business development company of the US lending firm is offering the new shares at $17.42.
2 min read · 13 April 2015
The Los Angeles-headquartered alternative investment firm is said to be close to its $10 billion distressed fundraising target.
1 min read · 13 April 2015
The CVI Credit Value Fund III, which is targeting $2 billion and a summer close, has raised $150 million from the Massachusetts Pension Reserves Investment Management Board.
2 min read · 10 April 2015
The firm has a $500 million target for its maiden direct lending fund and has so far had a tough time raising money.
2 min read · 10 April 2015
The financial unit of US industrial company, GE, has been put up for sale as the bulk of its real estate business is sold to Blackstone and Wells Fargo.
2 min read · 10 April 2015
Most of the California county pension’s private credit investments between 1998 and 2014 have beat the Barclays aggregate bond index.
3 min read · 10 April 2015
The KKR Mezzanine Partners Fund has ended its investment period in March, as opposed to July, due to Craig Farr’s departure, which triggered the ‘key man’ clause.
3 min read · 10 April 2015
Anand Sinha, the former RBI deputy governor, has been appointed industry advisor to the firm.
1 min read · 09 April 2015
JP Morgan CEO believes non-bank lenders will prove unsupportive of, or even predatory towards existing borrowers in the next crisis.
2 min read · 09 April 2015
