The US firm launched its new credit business with former Bear Stearns leveraged finance veterans earlier this year.
2 min read · 28 September 2015
The UK-based SME lending platform is setting up its own dedicated investment trust and is in talks with the EIB about providing leverage for a slice of the underlying investments.
2 min read · 24 September 2015
The New York-based BDC is offering five million new shares of its common stock at $14.14 per share. Chairman Steven Klinsky is purchasing 500,000 of the new shares.
2 min read · 23 September 2015
The US investment banking advisory firm has hired Daniel Aronson from Lazard for its restructuring and debt advisory business, opening a Chicago office in tandem.
1 min read · 21 September 2015
The US-based alternative investment manager has acquired Trimont Real Estate Advisors to capitalise on growth in the non-bank financial services. Trimont will be combined with First City Financial Corporation, which Värde bought in 2013.
2 min read · 09 September 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
Texas-based JTS Capital Group has appointed Carl Chaney to focus on new loan acquisition and portfolio management.
2 min read · 25 August 2015
The price on the term loan facility has been reduced by 50bps, while the maturity was extended by two years.
2 min read · 20 August 2015
PennantPark Floating Rate Capital and the MCG Capital Corporation’s equity holders voted to approve the proposed merger. The transaction should close this week.
2 min read · 17 August 2015
The Department of Treasury is asking marketplace lenders for suggestions on how the financial regulatory framework should evolve to support the safe growth of the industry alongside a general information gathering exercise on the newly established online lending market
3 min read · 04 August 2015
