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
The latest report from Marlborough Partners shows a 30% drop in the issuance of leveraged loans in the UK and a 4% decline across Europe in the run up to Brexit.
1 min read · 12 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
Contemporary Healthcare Capital spinout seeks to raise $250m for debt-focused fund supporting long-term care facilities for senior citizens.
2 min read · 11 August 2016
Following recent legislative changes allowing international funds to originate loans in Italy, debt managers are getting excited about prospects. But a number of glitches are still stopping the nation’s debt market from truly taking off.
3 min read · 11 August 2016
Starwood to buy £75m mezzanine portion of UK hotel loan 2016-08-11 Daniel Cunningham Starwood’s listed debt vehicle, Starwood European Real Estate Finance Limited (SEREFL), is to buy a £75 million mezzanine loan secured by a portfolio of UK hotels for £73 million, PDI sister title Real Esta
2 min read · 11 August 2016
The New York-based BDC didn’t charge shareholders management or incentive fees in Q2 as it continues to trek through a difficult period for energy investments.
2 min read · 11 August 2016
The government has made its latest attempt to encourage foreign investment into the country.
1 min read · 11 August 2016
Tennenbaum’s BDC reported earnings from a strong second quarter that saw $18.5m in net investment income for the Los Angeles-based firm.
2 min read · 10 August 2016