Indian asset reconstruction companies have added approximately $6 billion in assets under management on the back of key regulatory changes in the last 24 months and JC Flowers is the latest foreign manager to jump into the sector.
2 min read · 17 March 2016
Impact investor TriLinc hires investment manager adviser Alsis for a credit push into Mexico and Latin America.
2 min read · 15 March 2016
GE Capital is selling its commercial lending and leasing business in India to AION Capital Partners and a team of former GE executives.
2 min read · 15 March 2016
Canada Pension Plan Investment Board and Kotak will pour $525m into Indian stressed debt. The investments will be under a separate flexible mandate from Kotak’s existing distressed asset investment unit, Phoenix ARC.
2 min read · 15 March 2016
Commercial banks’ bad loans hit 1.27 trillion yuan ($194 billion, €174 billion) in December last year, the highest level since June 2006, according to China Banking Regulatory Commission. And that figure has been climbing for the past three years.
2 min read · 14 March 2016
Banks will hold around 71 percent of Huarong Energy’s outstanding shares after the debt-for-equity swap, according to a report by Macquarie.
2 min read · 14 March 2016
Eurozone equity market valuations look attractive, especially compared with US equities, given the ECB’s accommodative policy, the bank said of the strategy, which will also include some bond investments.
2 min read · 09 March 2016
The Melbourne-based fund manager will aim to collect up to $3bn for junior and senior debt investments across OECD markets.
2 min read · 09 March 2016
ICG’s liquid credit head, Dagmar Kent-Kershaw, is to be replaced by Babson Capital high-yield specialist Zak Summerscale as part of push to grow that side of the business.
2 min read · 09 March 2016
Deutsche Bank’s Deepak Dangayach joins Patrick Liu to lead the new division in Hong Kong.
1 min read · 08 March 2016
