A man said to have acted as a ‘fixer’ for some of Och-Ziff’s African investments was arrested in New York on Tuesday.
3 min read · 17 August 2016
There is optimism at Proskauer that Brexit will result in the further development of the private debt market. The appointment of Ben Davis from Reed Smith is an attempt to seize on those opportunities.
2 min read · 17 August 2016
The two BDCs at Fifth Street Asset Management continue to post deteriorating financials as the parent company battles reputational issues.
2 min read · 15 August 2016
The US regulator governing broker-dealers is seeking information from unlisted business development companies to ensure their suitability for retail investors.
2 min read · 11 August 2016
Contemporary Healthcare Capital spinout seeks to raise $250m for debt-focused fund supporting long-term care facilities for senior citizens.
2 min read · 11 August 2016
Following recent legislative changes allowing international funds to originate loans in Italy, debt managers are getting excited about prospects. But a number of glitches are still stopping the nation’s debt market from truly taking off.
3 min read · 11 August 2016
The government has made its latest attempt to encourage foreign investment into the country.
1 min read · 11 August 2016
The American Investment Council criticised the Republican presidential nominee’s plan to end favourable tax treatment of carried interest, saying it shows a ‘lack of understanding’.
2 min read · 10 August 2016
The BDC manager is co-operating with an investigation by the regulator related to its business practices, it revealed in filings. The firm also plans to settle its class action lawsuits with a $23m payment.
2 min read · 08 August 2016
The sub-investment grade credit managers spent $247m as part of an effort to strengthen its transatlantic platform.
2 min read · 05 August 2016