The Chicago – based mid-market lender had added an additional $100m to an existing credit facility for Elevate. The new capital brings the size of the facility to $545m as the online lender prepares to go public early next year.
2 min read · 29 July 2016
The distressed investing giant has billions of dollars yet to be deployed once credit markets go south.
2 min read · 28 July 2016
The New York-based private equity company brought on three former NewStar Financial employees to work on the effort.
3 min read · 26 July 2016
The BDC will sell 6.3m new shares along with a warrant for more than 900,000 extra common shares.
1 min read · 26 July 2016
The $2.9b pension has committed $20m to the second private credit fund from Monroe, a Chicago-based mid-market lender.
2 min read · 25 July 2016
The Providence Equity Partners-owned credit firm has been soft marketing its next debt fund to existing LPs and plans to formally start fundraising for $1.75bn in autumn.
2 min read · 22 July 2016
The London-headquartered firm has executed 15 deals since November.
2 min read · 21 July 2016
The investment marks the Oklahoma Tobacco Settlement Endowment Trust’s first allocation to a European direct lending manager.
2 min read · 20 July 2016
Klaus Petersen has left his role at BlueBay as head of the German direct lending team. The firm has found a replacement, who will start at the end of August.
1 min read · 19 July 2016
The SBCI is working with Bibby to manage a €45m fund targeting lending to SMEs against unpaid invoices.
2 min read · 18 July 2016
