Andrew Hedlund
With these results, Blackstone is more than halfway to its goal of managing $1trn by 2026.
Canada’s Northleaf is raising an evergreen senior debt vehicle that has attracted the country’s mutual funds, providing a glimpse of what life for US managers could look like if a key rule were rolled back.
The private equity firm launched its private debt arm in 2016 and has so far raised over $500 million for its closed-end fund.
The New York-based US direct lending arm of Alcentra has hired Houlihan Lokey to lead a review process to evaluate strategic alternatives for the business development company.
Paris-based Tikehau has set targets to substantially boost its assets under management and the operating profits of its asset management arm by 2022.
While leveraged loans and the upper mid-market possess worrying features, there remain compelling opportunities off the beaten path, finds Andrew Hedlund.
The firm is targeting a 20-30% internal rate of return and 2x-3x multiple on capital, according to Pennsylvania pension fund documents.
While leveraged loans and the upper mid-market possess worrying features, there remain compelling opportunities off the beaten path, finds Andrew Hedlund
NexPoint Advisors has sweetened its bid for Medley Capital Corporation (MCC) by upping its cash compensation and the amount of MCC stock it pledges to purchase should it ultimately acquire the beleaguered business development company. Dallas-based NexPoint Advisors, an affiliate of Highland Capital Management, has said it will provide a $25 million cash payment, up […]
Jim Feeley, who also founded multiple firms in the 2000s, will fill the shoes of John Fraser, a holdover from the Investcorp’s 2017 acquisition of a UK-based credit manager.