The firm’s debut fund is a departure from the recent trend for country-focused offerings in the lower-mid-market direct lending space.
2 min read · 14 April 2016
One of two director candidates put forward by activist investor Ironsides Partners has been appointed to the board of Fifth Street Senior Floating Rate Corp BDC.
2 min read · 13 April 2016
The debt fund, listed on the London Stock Exchange, reported a yield of 9% in 2015. The firm says it is targeting a 10% dividend to shareholders this year.
2 min read · 13 April 2016
The business development company has invested $10.8m across two tranches of debt funding in avocado processor Yucatan Foods.
1 min read · 12 April 2016
The US firm’s asset-based lending platform has reported fresh equity capital commitments following its acquisition of a portfolio and a new credit facility lined up last year.
1 min read · 11 April 2016
AllianceBernstein’s Private Credit Investors group has hired three senior people from Varagon Capital Management, Fifth Street Asset Management and Cerberus.
2 min read · 11 April 2016
The fund manager’s VeCREF 1 vehicle, which targets the mid-market, is aiming for a £250m final total.
2 min read · 11 April 2016
The $150m senior secured facility will be used to finance commercial vehicles in low-income states.
1 min read · 08 April 2016
An SEC filing reveals that Audax has raised $906m for its fourth fund, which targets mezzanine deals of between $15m and $100m.
1 min read · 08 April 2016
The asset management arm of the bank owned by France’s national postal service has reached a €533m first close on two debt funds.
2 min read · 08 April 2016
