Anastasia Donde

Chenavari Investment Management will continue to be led by Loïc Féry and Frederic Couderc after Dyal’s investment.

TPG Specialty Lending and Benefit Street Partners have taken their merger battle public, each urging shareholders to accept or reject an offer for TICC’s investment manager.  

The Chicago-headquartered firm is also moving existing vice president Geoff Mikelsons to Los Angeles to expand its West Coast presence.  

After closing its tenth CLO, the Canadian private equity firm will manage $6.5 billion in total CLO volume. The CLO is compliant with US and European risk retention rules.  

The $52 billion Pennsylvania pension plan is making new commitments to the Avenue Special Situations fund and the OWS Credit Opportunity fund, while also drafting a high-yield separate account with TPG.  

The Boston-headquartered credit firm is eyeing sectors such as energy, shipping, media and mining for its global distressed vehicle, which is targeting $3.5 billion overall.

The GSO, Carlyle and AE Industrial Partners-backed firm has agreed to purchase an aircraft lease and loan portfolio from GE Capital Corporate Aircraft in the Americas.

The $2.9 billion pension plan plans to place $40 million with an opportunistic credit manager and allocate $20 million to a direct lending mandate.

Oak Hill Advisors and The Carlyle Group have both began marketing global distressed funds and are each aiming to raise $2 billion.

LPs and GPs at the second annual Private Debt Investor Forum in New York agreed that private debt is increasingly becoming a permanent part of institutional portfolios. Now it’s time to get to work on the details of how it works and where the risks lie.