Andrew Hedlund
Having emerged in the US, numerous other countries are now encouraging debt-for-equity swaps.
The previous fund of this strategy has made investments of $20 million to $90 million.
The Greenwich, Connecticut-based firm's fund, which has a broad geographical mandate, has made over a dozen investments already.
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The firm promoted two Oaktree veterans that have each been with the firm for over a decade.
The two firms also announced a partnership that will allow Northleaf to partake in Antares’ origination platform and grow Antares’ managed accounts business.
The Fort Worth, Texas-based firm has hired a new face with experience in fundraising around the world as it looks to round up commitments for an opportunistic fund.
The Pennsylvania-based company has reported a drop in net investment income per share.
The two men, who helped lead the Swiss bank's BDC, are hoping to bring their entire team along as they look for a home for their direct lending business.
The credit behemoth saw performance-related earnings swing wildly to report a large gain followed by a loss at the same time last year.
Investments in the asset class would be judged by several metrics, including the quality and stability of the general partner’s leadership team.