Anastasia Donde

HRG Group, which owns asset-based lender Salus Capital, has lowered its executive compensation after suffering losses on energy and Salus’ loans to RadioShack, which is going through bankruptcy.  

Jim Hunt, formerly the chairman and chief executive of THL Credit, is now heading up the mid-market credit group at Kayne Anderson Capital Advisors.

The firm’s 2016 market outlook posits that private credit is a “huge opportunity” this year, as the alternative investment giant looks to build on its direct lending, ABL and special situations business lines.  

The Middle Market Growth Programme that Antares used to manage with Lone Star Funds as part of GE Capital has been resurrected under CPPIB.  

Faraaz Kamran has rejoined several former colleagues at the Angelo, Gordon mid-market lending subsidiary.  

The former Proskauer partner will focus on building out Paul Hastings’ presence in the space.  

Fifth Street Asset Management, the Connecticut mid-market lender that has been embroiled in a battle with activist investors over its two BDCs, is considering selling the investment advisor.  

The US consulting firm has constructed a performance index for US mid-market lending based on private and public BDC performance tracing back to 2004.  

The Blackstone-controlled credit firm has formed a tie-up with Rivington Securities, a Houston-based broker-dealer, to source sub-$100m loan transactions in the upstream energy sector.  

The fourth BDC from the Franklin Square and GSO partnership has launched with an offering of 250 million common stock units.