The US-headquartered firm has established a vehicle to manage shipping loans as banks continue to reduce their exposure to the beleaguered industry.
2 min read · 22 August 2016
Jim Hunt, the firm’s mid-market lending head, exited the Los Angeles-headquartered investment firm just eight months after joining.
2 min read · 19 August 2016
An advisor in court in June said a contribution from the two financial institutions to fund a restructuring proposal for Caesars Entertainment Operating Company was possible.
1 min read · 18 August 2016
The $24b pension revealed last month that it has committed $25m to a direct lending co-investment fund managed by Crescent Capital.
2 min read · 18 August 2016
The new recruits have left the Wells Fargo subsidiary to focus on Muzinich’s European syndicated loans activities.
1 min read · 18 August 2016
The BDC’s energy exposure grew to 12% in the second quarter as the valuations of some large positions were boosted by a rally in oil prices and new deals.
3 min read · 17 August 2016
Focused on domestic institutional investors, the $991m vehicle will be deployed in project finance debt issued in overseas investment-grade markets.
2 min read · 17 August 2016
Former New Jersey investment director tapped for new role, formed with mandate to seek out LPs for large separate accounts.
2 min read · 16 August 2016
The Purchase, New York-based investment shop plans to roll separately managed accounts into a commingled distressed fund.
1 min read · 16 August 2016
The US state pension fund is investing in a distressed credit fund with Centerbridge Partners and a junior debt vehicle with Blackstone-owned GSO.
2 min read · 16 August 2016
