The firm is opting to close the hedge fund it launched the business with and focus on longer-dated debt strategies instead.
2 min read · 12 November 2015
The alternative investment firm saw revenues fall steeply on the back of mark-to-market unrealised losses in Q3. At the same time, the asset manager grew assets almost 15 percent from September 2014, including a second close on its European direct lending fund and healthy performance in DL strategies.
3 min read · 11 November 2015
The Allen & Overy study sampled current and future appetite for alternative financing in Europe. More than 50 percent of mid-sized corporates said they intend to increase their use of non-bank lending options.
2 min read · 11 November 2015
CR Investment Management has hired a real estate debt NPL specialist as part of its push into debt and equity capital markets.
1 min read · 11 November 2015
The high-growth, no-covenant European lender is closing in on its fifth fund, which will be larger than its 2013 €240 million predecessor.
1 min read · 10 November 2015
The firm refinanced IGM Resins with a unitranche facility and Suitsupply with a PIK note for its management buyout.
2 min read · 10 November 2015
Analysts rate the proposed BDC spin-out overweight, saying they see the potential restructuring unlocking significant shareholder value.
2 min read · 09 November 2015
Summit Opportunities Fund II will target a 15 percent allocation to CLO equity as the firm develops its securitisation platform and ramps up its first European CLO.
2 min read · 06 November 2015
It’s results season and the third quarter was hard on many listed US alternatives managers. However, there’s a private credit silver lining.
3 min read · 06 November 2015
The private debt manager, which recently underwent a restructuring at ownership level, is back in the market with two successor funds – a new direct lending vehicle and its second special situations fund.
2 min read · 06 November 2015
