The purchase comes as other US-based managers have launched Asia-focused funds, including those that have been in the region for some time.
3 min read · 21 January 2020
Overall fundraising took a tumble in 2019 but it was a strong year for vehicles targeting distressed debt.
1 min read · 16 January 2020
The credit manager will make 10-12 investments from the vehicle, the firm said.
2 min read · 06 January 2020
The Minneapolis-based manager surpassed a $2bn target for its 13th fund which will focus on ‘pockets of distress around the world’.
1 min read · 03 January 2020
The Hong Kong-headquartered firm has held a final close on its fifth Asia-focused special situations fund at a record high.
2 min read · 11 December 2019
From how distressed should be a ‘grind-it-out’ strategy, to making sure GPs are ‘cycle-proofing’ their documents, this is what participants were talking about.
5 min read · 21 November 2019
The firm’s publicly traded and private BDCs will get new co-presidents as the current one leaves but will remain president of the BDCs’ advisor.
2 min read · 04 November 2019
PDI sought the opinions of the market on private debt’s finest operational, turnaround and restructuring experts. Here we present a selection of individuals viewed with respect by their peers.
4 min read · 31 October 2019
A plethora of smaller managers have entered the direct lending space without the resources to focus on workouts and restructuring in times of trouble. Andy Thomson explores how much of a problem this may present
4 min read · 31 October 2019
Observers say Europe’s secondaries market, eclipsed for so many years by the boom in direct lending, is starting to show early and patchy signs of an upturn, writes David Turner.
3 min read · 30 October 2019