The California mid-market credit firm is considering product expansion with the backing of its new stakeholder CNO Financial.
2 min read · 03 May 2016
The New York-based firm has raised an additional $1.6 billion for its fourth distressed fund.
2 min read · 02 May 2016
While internet-based lending sites and traditional fund managers have competing claims to investor capital, the opportunity for both is getting larger.
3 min read · 29 April 2016
Fred Buffone, who for the past three years worked at Fifth Street Asset Management as head of capital markets, has joined Freedom 3 Capital in New York.
2 min read · 28 April 2016
The debt-to-equity swap will pass 70% of the company’s shares to lenders and reduce its debt by half.
2 min read · 27 April 2016
The lower mid-market lender has appointed bank industry veteran Anne Yang to its list of advisors.
1 min read · 27 April 2016
The company joins a growing number of state owned enterprises that have been defaulting on debt lately, including Baoding Tianwei Group, Sinosteel Corporation and Shanxi Huayu.
2 min read · 25 April 2016
The Musale family has bought back 51% of auto graphics firm Classic Stripes from Navis Capital Partners with debt financing from KKR.
2 min read · 25 April 2016
The US firm has completed its ninth European private debt transaction after closing its European fund targeting mid-market companies on €500m last year.
2 min read · 25 April 2016
The US pension fund has awarded $20m each to Beach Point Capital Management and Voya Investment Management for its opportunistic credit brief, after interviewing five firms.
1 min read · 25 April 2016
