Anastasia Donde
.jpg "Exclusive: Angelo, Gordon DL fundraise off to a slow start")
The firm has a $500 million target for its maiden direct lending fund and has so far had a tough time raising money.
.jpg?id=12885368223 "Fresno County’s credit investments outperform benchmark")
Most of the California county pension’s private credit investments between 1998 and 2014 have beat the Barclays aggregate bond index.
The KKR Mezzanine Partners Fund has ended its investment period in March, as opposed to July, due to Craig Farr’s departure, which triggered the ‘key man’ clause.
.jpg "Alcentra BDC issues $10m loan for transport acquisition")
The money will go toward helping New York-based Radiant Logistics buy Canadian Wheels Group.
.jpg?id=12885375953 "Churchill lending business resurrects under TIAA-CREF")
The original founders of Churchill Financial, which was acquired by Carlyle in 2011, have come together again with a new credit venture under insurance and asset management company TIAA-CREF.
The State of Wisconsin Investment Board is looking to branch out its direct private debt investments to companies outside of the state.
The lender has arranged a $138 million senior credit facility for the PE buyout of Bendon, a designer and producer of children’s coloring books and other products.
The New York based alternative investment firm is said to be seeking $3 billion for its latest private equity fund meant to invest distressed situations.
The Chicago-based lending firm is increasing the capital it will lend via the California personal loan provider to $500 million from $100 million.
The New York-based CLO manager has appointed Julian Weldon to help the firm expand into other credit strategies.