Anastasia Donde
The New York-based lending firm is backing the acquisition of sperm bank California Cryobank by two healthcare-focused private equity firms.
The Chicago-based lending firm is setting up a $14.3 million credit facility to support the merger of two IT companies.
The real estate focused arm of Ares Management, led by Todd Schuster (pictured), has finalised a $180m deal with MetLife and a $308m securitisation of commercial real estate loans with another subsidiary.
The duo, who come from Deutsche Bank and JPMorgan, will work on upper middle-market private equity sponsor coverage, which is a growing area for Golub Capital.
The private equity real estate firm is offering $19 million in debtor-in-possession financing to the owner of a building in midtown Manhattan to save the property from Chapter 11 bankruptcy.
The private debt industry should follow the lead of its private equity counterparts and engage proactively with regulators, lest the further controls being mooted for banks be extended to cover alternative lenders too.
WestOne Secured Lending argues that short-term bridge property loans are a better investment than gold, fine wine or art.
Jonathan Pfeil will be responsible for the debt strategies platform in the US, as well as some of the equity activity in the New York Tri-State area.
The New York-based lender is providing credit in the Lulu's Fashion Lounge's acquisition by H.I.G. and will also be buying some of its own equity in the company
Regulators are plotting more restrictions on bank lending and while private debt funds can pick up on some of that slack such a move would create, it could also spark a number of problems including a deterioration in underwriting standards.