The vehicle, which surpassed the fundraise of its predecessor fund, will continue the firm’s strategy of investing in US-based lower mid-market businesses.
3 min read · 18 June 2019
The US mid-market lender is seeking $1bn for its fifth flagship fund, which is targeting a net IRR of 11-13%.
2 min read · 04 June 2019
With fears of a financial downturn in 2019 on the back burner, the strategy of adding additional leverage is trending upward.
3 min read · 31 May 2019
The financial behemoth is the single largest investor in the fund, which is the latest in the Broad Street series.
2 min read · 22 May 2019
Niche strategies are starting to grow in popularity – a necessary counterbalance to the capital allocations piling up for mid-market direct lending, says Ari Jauho, co-founder and partner at Helsinki-based fund of funds manager Certior Capital.
3 min read · 07 May 2019
The lender continued to write massive cheques in Q1, but the average portfolio company EBITDA, when adjusted for size, is $66m.
2 min read · 01 May 2019
Dan Glickman, who is also a senior managing director, is set to depart the firm Friday.
1 min read · 24 April 2019
The firm’s co-head of private debt still sees investors making first-time allocations to the asset class, despite the glut of capital raised in recent years.
2 min read · 23 April 2019
The private equity firm launched its private debt arm in 2016 and has so far raised over $500 million for its closed-end fund.
2 min read · 17 April 2019
Terminology around senior loans has become increasingly obscure. Consequently, there are calls for it to be standardised, finds David Turner
5 min read · 04 April 2019
