Anastasia Donde

The Diamond Castle Holdings-sponsored company will use the new debt facility to pay back a Prudential Capital loan and to finance new solar projects.  

Apollo Credit Opportunity Fund I received almost $300m from the pension fund which has revealed the carried interest it has paid to private equity managers over the last 25 years.  

The Maryland firm has appointed a special committee and two investment banks to evaluate options to improve shareholder value.  

Marc Yaklofsky is joining the Philadelphia manager from Nomura to lead business development initiatives.

The $115 million senior credit facility for GTCR-owned XIFIN is Antares’ first healthcare lead left agency deal since the firm was bought by CPPIB.  

The two private debt and equity firms have arranged an asset-backed securitisation for the online lender, which is a first such transaction for Victory Park.  

The state pension fund has set aside $300m for a separate account with the TPG Special Situations’ TAO platform and $250m for a ‘tactical opportunities’ Blackstone fund targeting real estate credit instruments.  

The CLOs have a total of $1.6 billion in assets and the deal should close by the end of the year.  

RiverNorth Capital Management, which owns 6 percent of Fifth Street Finance Corp shares, sent a letter to the BDC’s board outlining concerns over mismanagement and poor performance. The firm has demanded new board members and strategic changes to enhance stockholder value.  

The California pension fund also recently tapped Park Square for a new $50m European direct-lending mandate, while continuing negotiations with Cross Ocean and Alcentra over fees.