The New York-based credit manager promoted the former head of its energy debt platform, Dwight Scott, to president in June as part of the firm’s succession plan.
2 min read · 22 March 2018
Earlier this month Lynn Tilton, the founder of distressed private equity firm Patriarch Partners placed three CLO funds she managed – Zohar I, II and III – into bankruptcy in an attempt to bring a fifteen year saga, replete with numerous legal battles, to an end.
5 min read · 22 March 2018
Are fears of a lack of red flags in deal structures overblown? There’s little doubt what equity providers think, but some lenders believe the same.
3 min read · 22 March 2018
LCM Partners’ Paul Burdell reflects on the firm’s signing of a strategic partnership with Brookfield, which was announced yesterday.
2 min read · 22 March 2018
There will be much more of a market for private equity and distressed debt once the country sees more restructurings, the former Governor of Reserve Bank of India, said.
2 min read · 22 March 2018
The joint venture will look to provide debt finance to emerging markets financial technology specialists.
1 min read · 21 March 2018
The global alternative asset manager also has an option to acquire a further 24.9% in the European credit specialist.
2 min read · 21 March 2018
Fund managers, businesses and investors are more positive about 2018’s prospects for LBOs.
2 min read · 21 March 2018
Personal data protection is a hot topic amid the Cambridge Analytica furore, and new rules of the game apply in two months. Find out why you should be on alert, according to Toby Duthie of Forensic Risk Alliance.
1 min read · 21 March 2018