The French asset manager has raised €240m at first close and is expected to reach a second close in the first half of 2017.
1 min read · 16 December 2016
Ares Capital Corporation and American Capital will combine to create a $12bn business development company.
1 min read · 15 December 2016
The firm would hit the fundraising trail only a year after it closed its first such fund.
1 min read · 15 December 2016
The firm is seeking £150 million more than it did for the predecessor fund that hit its hard-cap in 2014.
1 min read · 15 December 2016
The coming 12 months could be defined by higher deal activity and business development companies’ ability to use more leverage.
3 min read · 15 December 2016
The South Korean pension fund’s allocation to overseas mezzanine debt funds will remain unchanged.
2 min read · 15 December 2016
The firm also boosted its net investment income in its fourth fiscal quarter versus the same time last year.
2 min read · 14 December 2016
Over a two-year period, TowerBrook will purchase $180m of loans originated by ApplePie, a lender supporting franchises looking to expand with loans upwards of $100,000.
2 min read · 14 December 2016
Two new senior hires to the firm’s real estate debt platform is part of its long-term plan to return to profitability in the new year.
2 min read · 13 December 2016
Two Swedish pension funds and Norway’s largest life insurer have backed the vehicle.
3 min read · 13 December 2016
