Anastasia Donde
.jpg?id=12885345356 "KKR to raise second India credit fund")
The US-based asset manager is raising its second credit vehicle in India and is reportedly targeting wealthy individuals and family offices based in the sub-continent.
The $200 million credit line will help the firm expand its consumer loan products across the country.
The pension fund’s $50 million investments with Monroe and Gramercy are re-ups, while its €45 million ticket to BlueBay is a new relationship.
The $53.5 million senior credit facility levers up a significant private equity investment in IMAGE Skincare.
Mike LaBelle has joined the Angelo, Gordon-owned direct lending firm after spending almost two years at National Express Group. Previously he worked at Madison Capital Funding, where most of Twin Brook’s team hails from.
The equity and debt firm has hired a principal from Golub Capital bringing the Chicago office headcount to three.
Normally they would be rivals, but seven leading US private debt managers discuss how they are increasingly working together and with others.
After building and selling two other lending businesses, Robert Radway, Neil Rudd and Mike Litwin were determined to do so again. Anastasia Donde discusses the past and looks to the future, asking how and when their firm’s private equity parents expect to cash out.
The Nashville & Davidson County pension system is investing with funds managed by Oaktree, Marathon, EIG and Anchorage.
Flip Huffard was previously one of the heads of Blackstone’s restructuring and reorganization group.