A number of recent reports have attempted to shed light on what Brexit might mean for the private debt industry. They appear to offer encouragement, but caution needs to be exercised.
3 min read · 01 September 2016
The debt fund invests in growing mid-market companies and is expected to reach a final close by October. It has a target IRR of between 6% and 7%.
2 min read · 31 August 2016
The Chicago-based mid-market lender has backed Morgan Stanley Private Equity’s acquisition of veterinary management company Pathway Partners with a $72m secured credit facility.
2 min read · 30 August 2016
The African private debt market is often overlooked by institutional investors and debt funds, but the success of some operators prove that the opportunities are there.
3 min read · 25 August 2016
The settlement, which centres on improper fees and conflicts of interest disclosure to limited partners and supervisory failure, includes a $12.5m penalty. It comes less than a year after Blackstone settled with the SEC for similar issues.
4 min read · 23 August 2016
Ken Goldsbrough, who leads the debt advisory team, has said it will be “Remainers who will be key to the success of Brexit” as the firm expands its debt service.
2 min read · 23 August 2016
The New York-headquartered lender’s late stage lending platform provided a $375m term loan backing the buyout of Marketo, a software as a service marketing company.
2 min read · 22 August 2016
Paul Hastings’ second quarter credit report reflects an increase in the market share held by unitranche financings and a spike in refinancing activity.
2 min read · 22 August 2016
Lone Star purchased the mortgages at issue from the Department of Housing and Urban Development.
2 min read · 18 August 2016
Vincent Ng of Atlantic-Pacific Capital provides insights into why the US remains a popular choice with the likes of Korean and Australian LPs, and the kinds of strategies they prefer.
3 min read · 18 August 2016
