Anastasia Donde
The Chicago equity and debt firm has appointed its first chief investment officer from the ranks of Goldman Sachs.
GE Capital’s former global head of sponsor finance has joined HIG Whitehorse as direct lending group head.
The alternative asset manager reported that it has bought back $270m worth of shares through the $500m share buyback programme authorised in October and revealed that net income fell on the back of energy and credit mark-downs and market volatility.
The distressed specialist posted growing assets, but falling profit in its fourth quarter earnings report.
The business development company posted an increase in net assets and flat investment income at a time when rivals are being hit by energy declines and market volatility.
The US lender has appointed an investment bank to shop FSAM around potential buyers.
The New York-based firm is targeting $500m for Garrison Middle-Market Funding II
Antares is lead arranger on a senior debt package for Liberty Hall Capital’s purchase of AIM Aerospace, while Carlyle GMS stepped in on a second lien loan.
Goldman Sachs’ co-head of leveraged finance is joining the new lending firm, as Goldman combines its leveraged and structured finance businesses.
The US pension fund has invested in real estate debt funds with Cerberus and Colony, as well as a credit hedge fund with Benefit Street Partners and a special situations fund with Atalaya Capital Management.