For the first time since the PDI 30 was first compiled three years ago, three firms have each reached running totals of more than $30 billion in the industry’s definitive ranking of the largest private debt managers. In aggregate, the top 30 managers have raised $380 billion over the last five years.
2 min read · 01 September 2015
Flip Huffard was previously one of the heads of Blackstone’s restructuring and reorganization group.
2 min read · 31 August 2015
Increases in activity in continental Europe will contribute to sizeable growth in loan sales in the region year-on-year, Deloitte says.
2 min read · 28 August 2015
Carnage in the global stock markets has some knock-on benefits for more sheltered private debt markets. Or, as the saying goes, one man’s loss is another man’s gain.
2 min read · 28 August 2015
Pension fund manager SPMS says the fund's property allocation, which includes the €90m debt investment, is in line to hit its overall return target benchmark of 6.5 percent.
1 min read · 27 August 2015
The UK-listed non-performing loan investor and debt claims servicer reported strong results following the incorporation of three acquisitions.
2 min read · 27 August 2015
Joshua Baumgarten will become a senior managing director and partner at the alternative investment firm and oversee credit across all of the firm’s debt strategies.
2 min read · 26 August 2015
The California pension fund is investing in two of Alcentra’s credit funds and expanding Partners Group’s existing mandate to include private debt and infrastructure.
3 min read · 26 August 2015
Alternative lenders Babson Capital, CVC Credit Partners, EQT Credit and Park Square Capital all joined the refinancing and dividend recap facility.
2 min read · 26 August 2015
A handful of bidders have been shortlisted for the €7.2 billion Project Arrow loan book, the largest portfolio put up for sale by NAMA yet.
1 min read · 25 August 2015