Andrew Hedlund
The lender continued to write massive cheques in Q1, but the average portfolio company EBITDA, when adjusted for size, is $66m.
It’s all in the timing, or is it? We speak with Howard Marks and Bruce Flatt about the deal that has everyone talking.
The private equity firm considers special situations, direct lending and mezzanine to be its core alternative credit strategies.
Real asset debt and corporate loans were among the favourites of insurers, outpacing real asset equity strategies, hedge funds and public securities for planned allocation increases.
It’s all in the timing, or is it? We speak with Howard Marks and Bruce Flatt about the deal that has everyone talking.
Dan Glickman, who is also a senior managing director, is set to depart the firm Friday.
The firm’s co-head of private debt still sees investors making first-time allocations to the asset class, despite the glut of capital raised in recent years.
The New York-based investment bank and newly-formed Stonyrock are just the latest entrants into one of alternative asset’s booming sectors: taking non-control positions in private markets managers.
The credit manager collected $852m for its predecessor vehicle, which began investing in 2014.
A November report from the European Commission estimated total NPL volume in the EU to be €820bn.