The partnership will see a geographic mix across the US and Europe, which will let BBDC access investments with different levels of yield.
2 min read · 10 May 2019
The firm also reported its first quarter earnings, which listed its largest portfolio ever at $2.15bn.
2 min read · 09 May 2019
The lender continued to write massive cheques in Q1, but the average portfolio company EBITDA, when adjusted for size, is $66m.
2 min read · 01 May 2019
FS Investment Corporation successfully voted for and later rescinded an increase in allowable leverage in 2018, prior to its merger with Corporate Capital Trust.
2 min read · 25 April 2019
In a term sheet settlement with FrontFour Capital Group, MCC also added FrontFour founder, David Lorber, and one other to its board of directors.
2 min read · 18 April 2019
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
