The American Investment Council criticised the Republican presidential nominee’s plan to end favourable tax treatment of carried interest, saying it shows a ‘lack of understanding’.
2 min read · 10 August 2016
The US alternative investment firm reported fundraising across its European and US direct lending strategies, high-yield and structured credit during the quarter.
2 min read · 09 August 2016
Medley’s BDC cut its dividend after a quarter that saw a sharp decrease in net repayments and no new originations.
3 min read · 09 August 2016
Blackstone has completed fundraising for its latest global real estate mezzanine fund.
1 min read · 09 August 2016
Co-chief executives Chris Flynn and Sam Tillinghast will assume the responsibilities of departing president Hunter Stropp as the BDC looks to join the “flight to quality” in credit markets while analysts question the sustainability of its dividends.
3 min read · 08 August 2016
The move by Apollo’s BDC comes amid continued exits from energy investments that have weighed it down.
2 min read · 08 August 2016
The BDC manager is co-operating with an investigation by the regulator related to its business practices, it revealed in filings. The firm also plans to settle its class action lawsuits with a $23m payment.
2 min read · 08 August 2016
A fiber-optics telecom company and a military services business, both of which were on non-accrual status in GSBD’s portfolio in Q2, have since been refinanced.
3 min read · 08 August 2016
The $1.7bn vehicle saw assets and income grow, which David Golub said he was especially pleased with at a time of market turmoil.
2 min read · 08 August 2016
The firm has appointed an ex-Investec director to work on its UK debt fund, which is targeting a final close of £350m.
2 min read · 08 August 2016
