Anastasia Donde

The $4.2 billion pension plan expects to place $15 million with each manager hired and is conducting the search through its consultant, NEPC.  

The alternative investment firm’s new lending arm, now called Twin Brook Capital Partners, has added former Madison Capital Funding execs and others to its ranks. 

The New York-based BDC manager will purchase MCG stock in a $175 million deal and combine it with its PennantPark Floating Rate Capital (PFLT) vehicle. 

The online lending data and analytics provider continues to launch new databases as loans sold via the platform leap to a projected $200 million in April.

The credit group of the US alternative investment firm has launched TPG Specialty Lending Europe and is bringing 25 investment staff on board to drive the initiative by the end of the year.  

The firm is seeking $500 million for the new vehicle which is expected to launch next month.  

The Credit Suisse Park View BDC has been declared effective by the SEC. The non-traded vehicle launched at $10.18 per share with a maximum offering amount of $500 million.  

Structuring CLOs in the modern regulatory environment is a lot harder than it used to be, said speakers at a CLO industry conference, while offering tips on what it takes these days.

The senior financing supports Trinity Hunt Partners’ acquisition of America’s Auto Auction.

The US retirement system has been investing with new managers and adding to existing ones to reach its new 10 percent target to private debt.