The private equity firm launched its private debt arm in 2016 and has so far raised over $500 million for its closed-end fund.
2 min read · 17 April 2019
The New York-based US direct lending arm of Alcentra has hired Houlihan Lokey to lead a review process to evaluate strategic alternatives for the business development company.
2 min read · 05 April 2019
NexPoint Advisors has sweetened its bid for Medley Capital Corporation (MCC) by upping its cash compensation and the amount of MCC stock it pledges to purchase should it ultimately acquire the beleaguered business development company. Dallas-based NexPoint Advisors, an affiliate of Highland Capital Management, has said it will provide a $25 million cash payment, up […]
2 min read · 01 April 2019
The exits may impact the company’s public listing on the New York Stock Exchange.
2 min read · 21 March 2019
The New York-based credit firm is in the throes of raising its new direct lending vehicle and has collected over $950m so far.
2 min read · 20 March 2019
The rule also brushes upon the acquired fund fees and expenses disclosure, which some say limits some institutional investors from investing in business development companies.
3 min read · 19 March 2019
The HTGC founder and his wife allegedly paid to fabricate their daughters’ SAT and ACT exam results and bribed a Georgetown University tennis coach.
2 min read · 13 March 2019
A new bid has stirred the pot ahead of a shareholder vote on the disparate offers to reorganise Medley’s publicly traded BDC.
2 min read · 07 March 2019
MCC has until 15 March to hold its annual shareholder meeting to prevent the board nomination window from opening.
2 min read · 05 March 2019
