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
The firm’s recent initiatives include the acquisition of aircraft leasing investment firm Apollo Aviation Group and the launch of an opportunistic credit fund, distinct from its distressed debt vehicles.
2 min read · 06 February 2019
The MCC Special Committee declined it, saying it wouldn’t maximise value for shareholders as much as the current proposal.
3 min read · 04 February 2019
The firm’s credit branch exited the bulk of its direct lending assets after ending its sub-advisory relationship with FS Investments’ BDCs.
2 min read · 31 January 2019
Much of the credit manager’s decline in performance revenue was attributed to unrealised mark-to-market in the insurance company.
2 min read · 31 January 2019
The activist investor is taking a stand after Alcentra’s mid-market lending vehicle didn’t buy back 10% of its stock in 2018.
2 min read · 29 January 2019
The Institutional Shareholder Service recommends voting in favour of the proposed transaction, despite more than 11% of MCC shareholders coming out against it.
1 min read · 28 January 2019
