The all-cash transaction will also see the US firm pay down €145m of junior debt.
2 min read · 30 March 2016
Permira Debt Managers is targeting €300m for the final close of its fourth CLO fund, which would make it one of the largest CLO funds raised in Europe.
1 min read · 29 March 2016
The Midwestern pension fund heard presentations from two other direct lending managers and plans to interview five for its opportunistic credit search. The retirement fund has also hired a new CIO.
1 min read · 25 March 2016
The 30-year loan is part of a £580m secured financing deal that also involves the German Doctors Pension Fund and MEAG.
2 min read · 24 March 2016
Credit specialist ICG is bringing asset-based lending veteran Steven Osborne from Wells Fargo’s technology finance team in London on board to help it push into secured lending.
2 min read · 24 March 2016
Credit Suisse is exiting distressed debt as it attempts to make savings of SFr4.3 billion by 2018.
2 min read · 24 March 2016
The Italian brokerage is targeting domestic investors to reach its €150m target for the fund which will invest in mid-size, export-focused companies.
2 min read · 24 March 2016
More capital was raised by Europe-focused closed-ended vehicles than their North American counterparts last year.
1 min read · 24 March 2016
Waterfall Asset Management appointed former Investec structured credit specialist to build its presence in the European direct lending market.
1 min read · 23 March 2016
The UK-based real estate debt provider closed its third European fund on $770 million, surpassing its target of $650m. The firm will launch Fund IV later this year and it will focus on senior debt.
2 min read · 23 March 2016
