GPs can avoid potential liquidity issues by drawing down loans early and performing greater due diligence on their lenders.
4 min read · 05 February 2020
The deal will adds to BNPP AM’s existing link up with Caple to source a wider range of SME loan opportunities.
1 min read · 05 February 2020
It’s a booming market that’s been synonymous with the banks in recent years, but a new source of capital has appeared on the scene.
5 min read · 04 February 2020
Sources close to the strategic review say a number of different ways forward for the business are possible, including a spinout led by management.
2 min read · 03 February 2020
The Los Angeles-based credit manager has bolstered its CLO franchise through the purchase of a managing interest in Crestline Denali Capital.
1 min read · 03 February 2020
Fewer covenants can provide greater flexibility in dealing with portfolio company difficulties, but they may also prevent lenders from negotiating rescue plans with borrowers and sponsors. Andy Thomson and Andrew Hedlund investigate
10 min read · 03 February 2020
The credit business grew more slowly than other parts of Blackstone but performing credit returns remained robust.
2 min read · 30 January 2020
The firm’s quarterly trading statement said it expects initial commitments to its next debt fund to close soon.
2 min read · 30 January 2020
The alternative lender also invests in non-sponsored companies from a separate fund that closed on a similar amount two years ago.
2 min read · 28 January 2020
SSG is the latest addition to the special situations managers that larger Western firms want to acquire to leverage on established local businesses in Asia.
3 min read · 23 January 2020
