The recently rebranded firm, which focuses on mezzanine lending in China, expects to have raised $50m by the end of April for its latest $200m fund.
2 min read · 11 April 2013
Monomoy will use proceeds from the loan to fund a bolt-on acquisition and carry out a dividend recap, as the issuer, LBC Credit, looks to raise $650m for its Credit Partners III vehicle.
1 min read · 09 April 2013
The Tim Conway-led firm will partially finance the fund’s transactions through a $175m credit facility provided by Wells Fargo and NewStar.
2 min read · 09 April 2013
Head of infrastructure debt Deborah Zurkow says the group might also invest in AllianzGI’s debt funds.
2 min read · 10 April 2013
Placement agent Roam Capital claims the firm had been scheduled to hold a $375m final close in September 2012 on its website, yet SEC filings show the firm has raised just $79m to date.
2 min read · 09 April 2013
The Florida State Board of Administration’s $6.4bn strategic investments portfolio – which includes commitments to private debt funds – had generated a 15.8% one year return as of 31 January, according to board documents.
1 min read · 09 April 2013
A DLA Piper study has found that financial institutions expect private debt funds to take a larger role in arranging debt for European acquisitions in 2013.
2 min read · 05 April 2013
GSO’s $150m investment in Beazer Homes will allow the company to tap into the improving US housing market.
2 min read · 03 April 2013
AXA Private Equity’s co-head of private debt, Cécile Mayer-Lévi, has left the firm after it announced it would spin off from parent company AXA in the coming months.
1 min read · 03 April 2013
As demand for US CLOs continues to surge, American Capital and The Carlyle Group announce more than $1bn in combined new issuance.
2 min read · 02 April 2013
