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
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