Carrie Donlan has left her position as chief financial officer at the online lender and will be replaced on an interim basis by Lending Club’s corporate comptroller Bradley Coleman.
2 min read · 10 August 2016
The American Investment Council criticised the Republican presidential nominee’s plan to end favourable tax treatment of carried interest, saying it shows a ‘lack of understanding’.
2 min read · 10 August 2016
Following a nine day hearing, the former managing director who filed a disability discrimination lawsuit against the firm has withdrawn his claim.
2 min read · 09 August 2016
The Garrison Investment Group co-founder re-joined Fortress, where he was also once a co-founder, this week.
1 min read · 08 August 2016
Co-chief executives Chris Flynn and Sam Tillinghast will assume the responsibilities of departing president Hunter Stropp as the BDC looks to join the “flight to quality” in credit markets while analysts question the sustainability of its dividends.
3 min read · 08 August 2016
The firm has appointed an ex-Investec director to work on its UK debt fund, which is targeting a final close of £350m.
2 min read · 08 August 2016
While it’s unusual for pension funds to invest in business development companies, Owl Rock has been raking in large cheques from these investors thanks to the strong reputation of its founders and unusually low fees.
3 min read · 04 August 2016
Chris D’Auria, a long-time CLO professional, has joined the dedicated in-house manager of Guernsey-based Tetragon Financial Group.
2 min read · 04 August 2016
The US consulting firm has hired Leo Fletcher-Smith in London and Sylvia Owens in New York to build its private credit research efforts.
2 min read · 04 August 2016
The CEE specialist will initially invest in the region on a deal by deal basis, according to PDI sister publication Private Equity International.
3 min read · 04 August 2016
