Harvest XVI is the second CLO fund closed by 3i this year, and the first since the Brexit vote. It targets investments in senior secured loans used by private equity sponsors for buyouts.
1 min read · 15 September 2016
The Apollo subsidiary has provided Oak Hill’s BDC a $56.5m facility that will be used, in part, to pay back an existing debt facility due 15 September.
3 min read · 13 September 2016
The independent real estate debt manager has completed 15 deals in 2016, including financing residential real estate projects in Manchester, London and Birmingham.
2 min read · 13 September 2016
The UK-government owned entity aims to unlock £36m of investment into SMEs based in the northwest of England through its backing of Praetura Asset Finance.
2 min read · 13 September 2016
The revelation comes shortly after reports that the Chicago bankruptcy judge overseeing the case suggested the two investment firms should help fund the gaming giant’s restructuring.
2 min read · 12 September 2016
A quarterly report on valuation and investment trends in software as a service companies reveals a decrease in public valuations and consistent funding for private companies in the sector.
2 min read · 12 September 2016
The strategy will target investments in UK companies with an EBITDA between £5m and £75m. The strategy is targeting a return of LIBOR +6%.
2 min read · 12 September 2016
Zencap has raised capital from four fellow institutions and will invest across the asset class through Natixis' infrastructure platform.
1 min read · 09 September 2016
The unitranche loan contributes to Bregal Freshstream’s acquisition of a majority stake in Dutch petrochemical company Verwater.
2 min read · 09 September 2016
The San Francisco-based private investment firm converted part of its pre-bankruptcy term loan to equity through an in-court restructuring.
2 min read · 08 September 2016