Anastasia Donde
One of the new hires comes from a Chicago bank, while the other joins from Standard & Poor’s.
The firm is targeting $400 million overall in its VPC Offshore Unleveraged Private Debt Fund and expects to collect more via separate accounts.
The US alternative investment firm is reportedly in talks to acquire Kayne Anderson Capital Advisors, another Los Angeles-headquartered private investment firm.
The second lien financing for National Surgical Healthcare refinances debt as well as supporting acquisitions.
Mark Harris will join the speciality finance company on 1 August. He previously held various senior roles at Avenue Capital’s Asia group.
Canada’s largest pension fund has agreed to acquire GE Capital’s PE sponsor-focused US lending business.
The Canadian pension fund is reportedly in the final stages of negotiating to acquire most of GE Capital’s PE lending unit.
The Canadian pension fund is reportedly in the final stages of negotiating to acquire most of GE Capital’s PE lending unit.
.JPG?id=12885364421 "Exclusive: Avenue launches third European special sits fund")
The US firm has so far collected $1.2 billion for a first close of its Avenue Europe Special Situations Fund III and plans to raise over $2 billion in total.
The Florida firm’s third direct lending fund also expects to receive a $150 million credit line to bring its total capital up to $600 million.