Anastasia Donde

Robert Zable, a managing director with GSO Capital Partners, will become the lead portfolio manager for a suite of liquid credit funds at GSO that have about $1.3 billion in total assets.  

PennantPark Floating Rate Capital and the MCG Capital Corporation’s equity holders voted to approve the proposed merger. The transaction should close this week.  

Several law firms and the Shareholders Foundation have announced an investigation into potential securities law violations by the lending firm. Medley also announced its second quarter results, which show an AUM increase but a revenue drop stemming from some credit losses.      

The California pension fund has issued a request for proposals for two separate direct lending allocations, one European and an Asia/Pacific direct lending strategy.  

Franklin Square and GSO executives discussed energy, opportunities and risk at length during the BDC’s second quarter earnings call after the firm reported strong results.  

The $70.5 million financing is in support of private equity-backed tech company Connexity’s purchase of Become Inc and PriceGrabber.com.  

Betsy Booth, who spent the past year as a senior associate at Ares Management, is a former colleague of the Twin Brook executives, having worked with them at Madison Capital.

 The $13.67 million financing for Meridian Waste Solutions will go towards a recap and acquisitions.  

The US lender’s business development company has been doing most of its deals with repeat sponsors and borrowers via unitranche loan deals.  

The senior secured facility will go towards PE-backed Sunvair Aerospace Group’s refinancing, as well as an acquisition of another aviation company.