Steven Noreika has been promoted to chief financial officer of the Connecticut lender’s two BDCs.
1 min read · 10 July 2015
Dan Cohn-Sfetcu joins the firm in New York to originate and execute mid-market credit investments for Carlyle GMS Finance and NF Investment Corp.
1 min read · 27 May 2015
The MCG Capital Corporation still plans to sell its portfolio to PennantPark and merge with the PennantPark Floating Rate Capital, after reviewing a counter-offer from HC2 Holdings, a BDC set up by Phil Falcone.
2 min read · 19 May 2015
The business development company of the alternative investment firm has earned a steady 10 percent yield on its investments.
3 min read · 11 May 2015
The US investment firm has raised $2 billion for its first direct lending fund and is considering starting a business development company, too.
1 min read · 06 May 2015
The new bill, which was introduced by US Congressman Erik Paulsen, is meant to amend a tax provision that would allow for more foreign investment in BDCs.
2 min read · 04 May 2015
The Credit Suisse Park View BDC has been declared effective by the SEC. The non-traded vehicle launched at $10.18 per share with a maximum offering amount of $500 million.
2 min read · 27 April 2015
Investment manager, Monroe Capital, has also struck its second healthcare financing deal.
1 min read · 15 April 2015
The business development company of the US lending firm is offering the new shares at $17.42.
2 min read · 13 April 2015
The money will go toward helping New York-based Radiant Logistics buy Canadian Wheels Group.
1 min read · 09 April 2015