Anastasia Donde
The GSO sub-advised public BDC focused more on senior debt last year and achieved 7.17 percent returns on the net asset value of its portfolio.
The $34 billion state retirement is raising its target to private debt to 10 percent from 3 percent, as opportunities in the asset class look more attractive than traditional fixed income.
Most lenders limit their involvement with borrowers to providing credit and exercising their rights to get it back. Anastasia Donde finds a much deeper relationship between security products manufacturer Safariland and its lender, GSO Capital Partners.
.jpg?id=19327357654 "KKR appoints new credit directors")
Nat Zilkha and Alan Burke are replacing Craig Farr, who is stepping down and assuming an advisory role with the firm.
The alternative investment firm earned record incentive income on its credit funds in 2014, leading to $210 million in distributable earnings.
The $66 million senior loan will assist in the buyout of the US drilling company by private equity firm Snow Phipps.
.jpg?id=12885362052 "Abacus Finance provides senior debt in healthcare deal")
The $18 million loan will support Culbro’s minority investment in respiratory services company Med Emporium.
.jpg?id=12885362528 "Goldman Sachs to raise energy debt fund")
The asset management business of the New York bank is the latest to market a fund focused on stressed energy companies.
The asset management business of the New York bank is the latest to market a fund geared toward investing in stressed energy companies.
.jpg?id=12885344091 "3i closes largest US CLO on $750m")
The Jamestown VI CLO is 3i’s first offering this year.