Anastasia Donde
Oak Hill Advisors has hired two CLO specialists, while one has retired. Och-Ziff also saw a departure in its CLO group, with Don Young moving to the Security Benefit Corporation.
The New York-based firm has collected more money towards it Golub Capital Partners 10 fund.
The bank posted its first annual loss since 1989 and has already sold $1bn of low-yielding assets in India to rebalance its account.
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.
The US Department of Justice is pushing for a guilty plea and civil sanctions related to an investigation of the alternative investment firm’s alleged bribes in Africa.
The firm’s credit business will now be called Bain Capital Credit. Jonathan Lavine, managing partner and chief investment officer at the credit group, also becomes co-managing partner of Bain Capital overall.
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.
.jpg "AB-PCI continues hiring spree")
AllianceBernstein’s Private Credit Investors group has hired three senior people from Varagon Capital Management, Fifth Street Asset Management and Cerberus.
The $1bn Spotify deal highlighted the hunger for tech companies among some debt capital providers. But will they regret following the latest fashions?
George Mansour, formerly origination manager in the technology finance group at PNC Business Credit, has left the bank to join a California venture capital firm.