TPG said it will focus on risk adjusted returns over market share amid “irrational” behaviour in credit markets.
2 min read · 25 February 2019
Despite muted NII growth and a slight decline in NAV, the BDC saw strong returns during the fourth quarter.
2 min read · 22 February 2019
The fund will operate as a business development company and is targeting $2.5bn.
1 min read · 14 February 2019
The firm raised almost $32bn for its credit strategies, with leverage facilities included, the bulk of which came from Ares Capital Europe IV.
2 min read · 14 February 2019
The new $45m bid comes after NexPoint Advisors made an offer for combining MCC into its sister BDC, Sierra Income Corporation.
3 min read · 14 February 2019
The firm’s new investments were still tilted toward unitranche loans, but senior secured loans made up a larger share than in the third-calendar quarter.
2 min read · 12 February 2019
Apollo’s BDC saw a NII loss of 1.9% in the fourth quarter, but was able to decrease its non-core assets to 16.7% of the portfolio.
2 min read · 07 February 2019
The vote was originally scheduled for 8 February but was moved back because of setbacks caused by the US government shutdown.
2 min read · 07 February 2019
The firm joins the ranks of other business development companies that have successfully sought approval to do so.
2 min read · 06 February 2019
