Joseph Novarro and Matthew Courey will join the new credit business being launched by David Allen, formerly of CPPIB.
2 min read · 15 June 2016
The deal is the second transaction with GE Capital in Incus’s fund, which targets investments in Spanish and Portuguese SMEs. The fund has a target IRR of 20%.
1 min read · 14 June 2016
The deal is the third from the firm’s UK SME Credit Fund, which is expected to close on up to £200m this year.
1 min read · 13 June 2016
The non-performing real estate loan portfolio has a combined face value of €4.7 billion.
3 min read · 10 June 2016
The firm’s third European direct lending fund surpassed its €2bn target just one year after it was launched.
2 min read · 10 June 2016
The Philadelphia-based BDC manager announced a new share class offering individual investors access the firm’s credit platform in the spirit of a recent regulatory change.
2 min read · 09 June 2016
M&G Real Estate Finance, one of the leading European institutional debt fund lenders, has seen a significant fall-off in lending in 2016.
2 min read · 09 June 2016
Ares Management provided two-thirds of the unitranche financing of private equity group Apax Partners’ acquisition of Norwegian-headquartered satellite communication business Marlink.
1 min read · 09 June 2016
Axa IM Novalto_CLO Credit Fund focuses on investing in mezzanine debt tranches of CLOs. A pension fund has already committed $50m.
2 min read · 07 June 2016
The sixth distressed fund from New York private investment firm thought to be nearing its hard-cap.
2 min read · 06 June 2016