Anastasia Donde
Kenneth Selle will be overseeing the sourcing and trading of all syndicated loans.
The Chicago-based firm has collected about $700 million for its NXT Capital Senior Loan Fund III and is targeting $800 million in total.
The CVI Credit Value Fund III will invest in a variety in distressed credit instruments in the US and Europe.
The purchase agreement will see GE acquire at least five Q400 NextGen aircraft, with the option to increase that number to 15.
Level Hotel Brooklyn will use the money for construction of a 22-story building that will include hotel rooms, retail and commercial space, a rooftop garden and pool.
.jpg "Marketplace lending firm invests in Biz2Credit")
Los Angeles-based Direct Lending Investments is committing $250 million over three years to Biz2Credit’s expanding lending platform for small businesses.
The $500 million investment comes at a time of plunging oil prices and the Houston-company’s slashing of its capex programme.
Accordingly to new research by Swiss bank UBS, alternative direct lending in Europe is catching up to the US market with a strong focus on senior debt.
Silvermine Capital Management will be integrated into the Man GLG business and will expand the firm’s CLO capabilities.
The online lender’s shares opened above the expected range and follow Lending Club’s successful IPO.