Douglas MacDonald of The MacDonald Partnership has worked hard to promote the provision of finance to ailing UK companies. Here he tells Andy Thomson that the growing phenomenon of ‘debt forgiveness’ is creating a culture more conducive to business rescues.
4 min read · 12 January 2013
The publicly traded business development company has acquired France’s synOdys Group for $72 million in its second-largest investment to date.
1 min read · 12 January 2013
Leveraged loans in Europe are being repaid earlier than ever at the moment. This is causing problems for managers of collateralised loan obligation funds. Deal Mechanic explains why
6 min read · 12 January 2013
With a new transatlantic mezzanine and equity fund in the making, his firm continuing to push into Central Europe plus a raft of extracurricular activities, life is anything but dull for Mezzanine Management's Rory Brooks. Philip Borel reports
10 min read · 12 January 2013
The Boston-based growth equity specialist has recapitalised Global Cash Access, a Las Vegas company that provides ATMs and other services to the ‘gaming industry.’
1 min read · 12 January 2013
Though venture capital activity is dwarfed by its neighbour to the south, Canada has taken steps toward realising its full entrepreneurial potential. By Art Janik
3 min read · 12 January 2013
High above midtown New York, a group of distressed debt specialists recently exchanged views on how to turn peril into profit. They debated strategic points related to control versus passive investing and operations enhancement versus forensic credit analysis. But our distressed pros' ultimate goals are identical: buy unusually low, sell somewhere north of there. David Snow chronicles the crossfire
9 min read · 12 January 2013
In the past, distressed debt investors have swooped on targets in the US with considerable success. Europe, and particularly Germany, are now looking increasingly inviting too. Andy Thomson reports
7 min read · 12 January 2013
Weak returns among Canada's heavily government-subsidised labour-sponsored investment funds bring into question their future. Independent venture firms won't shed tears at their demise
4 min read · 12 January 2013
Editor's letter 2004-07-02 Staff Writer Happy times are here again for the leveraged finance markets. After three years of bankruptcies and deteriorating credit conditions, companies are having an easier time paying back their loans. According to Moody's, the junk bond default rate dropped to 3.4 percent in
2 min read · 12 January 2013
