Class-action lawsuits and shareholder criticism dominated the third-quarter earnings call as Fifth Street Finance Corp’s investment advisor faced fresh criticism over rising legal costs and falling earnings at the underperforming BDC.
3 min read · 02 December 2015
The co-head of mid-market lending at Lloyds is leaving the UK bank to take up a new role at BlackRock.
2 min read · 02 December 2015
The US credit firm is expanding its Asian footprint on the heels of its acquisition of GE Capital’s Australian consumer finance unit. The firm also announced senior management changes.
2 min read · 02 December 2015
Laura Vaughan of GE Capital and Bank of Ireland’s Joseph Buckley are joining Patrick Marshall’s growing unit.
1 min read · 02 December 2015
Greg Bassuk, formerly chief operating officer at IndexIQ, will oversee the expansion and management of the Philadelphia firm’s Liquid Alternatives Strategies platform.
2 min read · 01 December 2015
Stuart Blieschke will move from PAG to KKR. The new hire comes just as former principal at KKR Tim Caflisch, who was set for a move to the territory, leaves for a position at Finepoint Capital.
1 min read · 30 November 2015
Project finance and restructuring veteran Agnes Mazurek joins the Australian bank’s London-based infra debt platform from the Japanese lender’s project finance team.
1 min read · 26 November 2015
European asset manager’s chief compliance officer Helen Richards will take up the same role at the lender.
1 min read · 25 November 2015
Marc Yaklofsky is joining the Philadelphia manager from Nomura to lead business development initiatives.
1 min read · 24 November 2015
François Terrade has been brought on as the new head of structuring at Demica, a receivables intermediary which was bought in August last year by three private investment firms.
2 min read · 23 November 2015