The firm may oversee more than $10bn of assets for the strategy a little more than a year after it formally parted ways with FS Investments.
2 min read · 15 August 2019
Alcentra BDC shareholders will retain 19% of the combined entity, while the buyer will reduce its management fee and up its hurdle rate.
3 min read · 13 August 2019
The new vehicle has purchased several investments, all of which are portfolio companies of the firm’s publicly traded Goldman Sachs BDC.
2 min read · 12 August 2019
BC Partners, which launched a credit arm more than two years ago, has made its second BDC purchase in less than a year.
2 min read · 02 August 2019
The investment manager’s latest product continues the firm’s strategy of lending to US mid-market companies.
2 min read · 22 July 2019
The business development company will charge a 1.5% management fee and a 17.5% incentive fee over a 6% hurdle rate post-offering.
2 min read · 19 July 2019
Manuel Henriquez, also the venture debt lender’s former chairman and founder, stepped down after prosecutors charged him with taking part in a college admission bribery operation, to which he pleaded not guilty.
2 min read · 17 July 2019
Reasons for longer-term vehicles in private debt are growing, with one being the requirement to support businesses traditionally backed by banks.
2 min read · 04 July 2019
The firm has announced a definitive interest purchase agreement to obtain a majority share of CM Investment Partners.
2 min read · 28 June 2019
