Unsecured lenders avoid wipe-out with agreement of terms for consensual restructuring.
2 min read · 09 February 2015
Overall economic net income at Leon Black’s alternative investment firm declined by an even larger degree than the credit unit, while assets remained flat.
2 min read · 09 February 2015
Franklin Square Capital Partners has provided a $242 million unitranche loan to back a dividend recap for Dent Wizard.
2 min read · 09 February 2015
The Chinese property developer narrowly avoided default on its offshore debt following a purchase offer by Sunac China Holdings.
2 min read · 09 February 2015
Nobody wants to concentrate on the bad deals, but private credit funds need to be open and clear about default rates if they are to become a credible and long-term part of the financing markets.
3 min read · 06 February 2015
US-based funds increase cash offer for UK-based Towergate Insurance.
2 min read · 05 February 2015
The announcement is the latest in a string of new hires for the French asset manager.
1 min read · 05 February 2015
Project Gobi will be revealed to prospective bidders at the end of the week.
2 min read · 05 February 2015
Large US public funds are writing large checks to private debt managers for dedicated energy strategies.
2 min read · 05 February 2015
The California real estate firm and the New York credit manager are jointly launching a non-traded business development company, which could eventually be offered on an exchange.
2 min read · 05 February 2015
