Anna Devine
The China-focused lender has hired a new managing director in Amsterdam, responsible for corporate business development. The firm has also strengthened its private debt team in Hong Kong.
Non-bank lenders write letter to the government asking it to guarantee loans.
The Mumbai-headquartered firm is already drawing up plans for a second debt fund with 80 percent of proceeds from the first invested.
The vehicle has deployed 19 percent of its capital since it listed in May.
One of the UK’s most well-known schools has, for the first time, tapped the debt market to invest in its endowment trust.
President Michael Arougheti calls GE Capital’s exit from the market “a net positive” during the firm’s second quarter results call.
In an effort to minimise third-party fees, the pension fund manager has also hired a credit portfolio manager.
A survey of institutional investors by Amicus Finance also shows that 64 percent of institutional investors believe that SMEs are too dependent on bank funding.
In second quarter earnings released today, the Maryland-headquartered firm disclosed that it expects to close its first European senior debt fund by March 2016 and said initial filings for the spin out of its BDC would be made next month.
Three of China’s state-owned asset managers have been granted permission to buy distressed debt directly from corporates.