The BDC will lower its incentive fees and hurdle rate next year to stay “fee-friendly”.
2 min read · 13 November 2018
The volume of add-on acquisitions has shot up recently, and firms are using this trend to add more leverage to their debt portfolios.
3 min read · 12 November 2018
Barings’ latest investment vehicle made $87m in mid-market commitments in the third quarter and $72m from quarter-end through early November.
2 min read · 12 November 2018
The firm is under agreement to acquire KCAP’s CLO credit branch by the end of this year so KCAP can refocus on mid-market lending.
2 min read · 12 November 2018
Azora and Oquendo Capital have launched a property lending platform in Spain, which is expected to raise €300m for its first vehicle.
2 min read · 12 November 2018
In Europe, 2018 is on course to see record private debt deal activity with a 34 percent annual rise.
1 min read · 12 November 2018
The vehicle expects to list with a stock price between $20.25 and $21.25, with 7.5m shares of common stock being offered.
2 min read · 08 November 2018
As private debt continues to diversify beyond its roots in private equity, managers are taking on more responsibility – including for ESG issues.
2 min read · 08 November 2018
Turnaround specialist Richard Thomson insists it is possible to achieve ‘amazing outcomes’ from ‘scary’ deals if you get your priorities right, in this two-minute video.
1 min read · 08 November 2018
The survey takes a deep dive into the profile of private debt investors, the fees they pay and the way GPs finance their funds.
3 min read · 07 November 2018