Anastasia Donde

 The US endowment is investing in THL Credit’s third direct lending fund, which is raising $350m-$500m.  

The credit group at Kayne Anderson has brought on two portfolio managers in its Los Angeles office from Bradford & Marzec.  

The BDC investor hopes the new capital will delever the energy company and provide more liquidity.  

The Pennsylvania pension fund is investing in Hayfin’s special opportunities fund and a real estate debt fund from Pramerica, while making several other investments in real estate and private equity funds.  

A court ordered examiner’s report on the Caesars bankruptcy posited that potential damages related to the company’s spin-off of certain valuable assets ahead of the debt restructuring could be in the $3.6 billion to $5.1 billion range.  

Ironsides Partners has filed definitive proxy materials with the SEC requesting the election of new board members to the Fifth Street Senior Floating Rate Corp (FSFR) BDC and demanding that the investment manager be replaced.  

The BDC’s management also defended its decision to keep the current investment advisor intact, despite the underperforming vehicle being the subject of several takeover bids.

TPG Specialty Lending is selling at an offer price of $16.42 to pay back credit facilities and write new loans.  

Franklin Square Capital Partners has teamed up with One Equity Partners to form an operating company that will invest in mid-market private businesses.   

TD Asset Management’s fixed-income group is launching long-term and medium-term private debt funds for Canadian institutional investors.