A third-quarter decline in credit hedge fund fees and slower deployment hit Global Markets Strategies’ results, although the firm sees future opportunities in energy credit, CLOs and other strategies.
3 min read · 03 November 2015
The US alternative investment firm will use its TSSP Adjacent Opportunities Partners vehicle to invest alongside its various other credit funds and platforms.
2 min read · 02 November 2015
In a sign that some private debt funds are underwriting bigger unitranche loans, ICG is the sole provider of £155 million in debt to Gala Bingo.
2 min read · 02 November 2015
Institutional consultants have been building private debt research practices in recent years and driving LP investments into the asset class. PDI spoke to some of the head research honchos about their views on the sector.
2 min read · 02 November 2015
Panellists and delegates at PDI’s Capital Structure Forum in London this week agreed that covenant-lite deals have no place in mid-market lending. Why, then, are cov-loose agreements on the rise?
3 min read · 30 October 2015
Direct lending comes under scrutiny at PDI’s third European conference. There are still pockets of opportunity in private debt however.
4 min read · 29 October 2015
The US pension is investing the money via three special situations funds managed by Carlyle, H.I.G. Bayside and TPG.
2 min read · 29 October 2015
The Paris-based lender has made its first US dollar-denominated loan to support Sun Capital’s buyout of automotive part supplier Flexitech.
2 min read · 29 October 2015
Feuer Powertrain agrees mezzanine facility with French private lender.
1 min read · 28 October 2015
The sale of roughly £12 billion in par value loans is expected to be concluded by the end of November.
2 min read · 27 October 2015
