The new rules will impact AIFMD-compliant debt funds and domestic private equity funds granting shareholder loans in Germany.
3 min read · 21 March 2016
The underperforming commodity trader Noble swung to a net loss of $1.67bn in 2015 which was its first annual loss in nearly 20 years, battered by a $1.2bn write-down on weak coal prices, Reuters reported.
2 min read · 21 March 2016
Ironsides Partners has filed definitive proxy materials with the SEC requesting the election of new board members to the Fifth Street Senior Floating Rate Corp (FSFR) BDC and demanding that the investment manager be replaced.
2 min read · 15 March 2016
The BDC’s management also defended its decision to keep the current investment advisor intact, despite the underperforming vehicle being the subject of several takeover bids.
2 min read · 14 March 2016
TPG Specialty Lending is selling at an offer price of $16.42 to pay back credit facilities and write new loans.
1 min read · 09 March 2016
Deutsche Bank’s Deepak Dangayach joins Patrick Liu to lead the new division in Hong Kong.
1 min read · 08 March 2016
The London-based firm has brought in former Azentus Capital operations chief and ex-Probitas executive to develop placement capabilities.
2 min read · 08 March 2016
Troy Ward and Greg Mason, formerly senior analysts covering BDCs at Keefe Bruyette & Woods, have joined Ares where they will manage a fund dedicated to financial stocks, including BDCs.
2 min read · 04 March 2016
Joshua Zimmerman has joined law firm Proskauer’s Hong Kong office. The corporate finance specialist will help build out its capital markets practice in Asia.
1 min read · 03 March 2016
The private markets advisor is pushing into corporate finance advice with the appointment of Alexander Thiel, while Yannick Lucas will develop the firm’s relationships with large institutional investors.
1 min read · 01 March 2016
