Anastasia Donde
The Bain Capital-owned credit firm has preliminary SEC filings in the works that outline the firm’s intentions to set up a private business development company.
The Franklin Square/GSO BDCs have provided $260m in senior financing towards New Mountain Capital’s purchase of Trover Solutions, and its merger with Equian.
Executives speaking at the Bloomberg Middle-Market Lending Forum said they do not expect the Federal rate rise or recent junk bond turmoil to impact them soon.
The Dallas-headquartered firm has begun talking to investors about its fifth real estate fundraise, which it expects to close on about $5.5 billion in the spring.
The Blackstone-owned credit firm is in the pre-marketing stage for its GSO Capital Opportunities Fund III and expects to formally launch it in the beginning of 2016.
The CPPIB-owned lender has arranged a unitranche package to support ABRY Partners’ acquisition of Denver-based Direct Travel.
The Midwestern US pension fund has placed $250 million with private credit funds managed by Chicago-based lender NXT Capital and bond giant PIMCO.
Stellex Capital, a New York and London-based credit firm founded by several Carlyle alums, has scored a commitment from the Texas Teachers pension fund.
The Pennsylvania pension fund is committing $100 million to Blackstone’s real estate debt fund, while also placing $350 million into a separate account with Philadelphia mid-market lender LBC Credit Partners.
The consumer brand holding company, which recently closed on its acquisition of Martha Stewart Living Omnimedia, has upsized its credit lines with the Franklin Square BDCs by $150m.