The firm is on track with its divestiture programme as the latest sale completes its exit from the French consumer finance market.
1 min read · 16 August 2016
The New York-based BDC of Owl Rock Capital Partners has made loans to companies operating in the manufacturing, food and beverage, healthcare equipment and aerospace/defence industries.
2 min read · 15 August 2016
The two BDCs at Fifth Street Asset Management continue to post deteriorating financials as the parent company battles reputational issues.
2 min read · 15 August 2016
GLAS has appointed Paul Wilden to head up its operations in the Asia Pacific market. The firm will base its Asian operations in Singapore.
1 min read · 15 August 2016
The US regulator governing broker-dealers is seeking information from unlisted business development companies to ensure their suitability for retail investors.
2 min read · 11 August 2016
The Los Angeles-headquartered alternative investment firm raised $400m towards a US direct lending fund in Q2. The firm is said to be aiming for $2.5bn.
2 min read · 11 August 2016
Following recent legislative changes allowing international funds to originate loans in Italy, debt managers are getting excited about prospects. But a number of glitches are still stopping the nation’s debt market from truly taking off.
3 min read · 11 August 2016
Tennenbaum’s BDC reported earnings from a strong second quarter that saw $18.5m in net investment income for the Los Angeles-based firm.
2 min read · 10 August 2016
The key executive, who helps oversee Cerberus Business Finance, will be starting his own mid-market lending firm.
1 min read · 10 August 2016
Pillarstone has acquired a 100% stake in the Italian telecoms company, assuming its debt obligations.
2 min read · 10 August 2016
