Anastasia Donde
The firm closed its Atalaya Special Opportunities Fund VI on $800m, which includes commitments to the main fund and a parallel vehicle.
The CPPIB-owned lending firm has nixed its San Francisco office in favor of Los Angeles. As a result, some people have left the firm or moved to LA.
Having closed its second special situations fund on $3.35bn, the firm now expects the global vehicle to invest more money in the US.
The vehicle, which invests in mezzanine debt and structured equity, surpassed its target by $100m.
.jpg?id=19327366475 "Crestline closes $359m CLO")
Denali Capital CLO XII will have a four-year reinvestment period and a two-year non-call period.
The music streaming service is in the process of finalising a convertible debt package with TPG, Dragoneer Investment Group and Goldman Sachs.
Franklin Square and GSO Capital Partners have the oldest and largest BDC relationship. But who really calls the shots?
The long-anticipated examiner’s report on Caesars says valuable assets were spun off to benefit its equity holders. But it has not brought an end to hostilities.
As oil prices inch up, some energy credit players are becoming more ambitious about getting back in the game.
.jpg?id=12885345176 "Florida SBA sees opportunity in credit strategies")
The US pension fund’s investment office says European banks deleveraging, distressed debt and dislocated credit are the current areas of market opportunity within its strategic investments portfolio.