The alternative investment firm has launched a real estate debt fund with a flexible mandate with €50m in seed capital from its majority owner, Italian lender Mediobanca.
2 min read · 11 February 2016
Former Nomura International vice-chairman Justin Dowley will hand over to fellow board member and ex-Schroders CFO Kevin Parry at ICG’s AGM.
2 min read · 11 February 2016
The distressed specialist posted growing assets, but falling profit in its fourth quarter earnings report.
2 min read · 10 February 2016
The NASDAQ-listed alternatives manager reported negative ENI for the year in its credit-focused global market strategies division and joined a number of other listed alternative investment managers by announcing a $200m repurchase programme.
3 min read · 10 February 2016
French drug-maker borrows €220m for MBO – exclusive 2016-02-09 Rachel McGovern French pharmaceutical manufacturing firm Delpharm has borrowed €220 million to back a management buyout that sees the company’s senior staff increase their stake from 85 percent to full ownership, said a source clos
1 min read · 09 February 2016
The US alternative assets manager is establishing a US equivalent to its European loan originator vehicle and is seeking a mandate from shareholders in Blackstone / GSO Loan Financing to invest into the new US-focused CLO risk retention unit.
2 min read · 09 February 2016
The real estate lender came in under its £1 billion target for the fund but plans to launch a follow-on vehicle immediately.
2 min read · 09 February 2016
The US leveraged lending market has been leading Europe in terms of attractiveness for the past several months, with the yield gap widening substantially. The two markets are likely to converge again – but will the lending that has increased US yields spread to Europe, or will there be a resurgence of liquidity stateside?
2 min read · 05 February 2016
The US pension fund has invested in real estate debt funds with Cerberus and Colony, as well as a credit hedge fund with Benefit Street Partners and a special situations fund with Atalaya Capital Management.
2 min read · 04 February 2016
Juri Jenkner moved internally from his role as co-head of the firm’s private debt business to support the strong growth of its infra programme.
1 min read · 04 February 2016
