Anna Devine
.jpg?id=19327362253 "Dimon: non-bank lenders pose threat")
JP Morgan CEO believes non-bank lenders will prove unsupportive of, or even predatory towards existing borrowers in the next crisis.
.jpg?id=12885321180 "ICG hits €2.5bn target on Europe Fund VI")
The London-based firm expects to reach the €3 billion hard-cap in the next three months.
.jpeg?id=19327361943 "TRS bumps Apollo and KKR allocations up $2bn each")
Teachers Retirement System of Texas has increased its Apollo and KKR allocations to $10 billion in aggregate.
The fund has garnered commitments mainly from Italian institutional investors.
By bringing together institutional investors with a public authority, Macquarie Capital completed a competitive financing process which delivers vital infrastructure - a new children’s hospital in Edinburgh. Anna Devine speaks to industry deal makers to find out more.
High leverage, few covenants: the European leveraged loan market is beginning to resemble 2007 and hitherto unseen, covenant-lite or -loose loans, are also creeping into the mid-market. Anna Devine reports.
The cost of the facility for the business development company has also fallen.
.jpg?id=19327361518 "UKEF appoints head of direct lending")
Margaret Eyres will help oversee a £3 billion credit facility which connects banks with exporters.
Founding stakeholder TowerBrook said to have ended its planned sale of direct lender, Hayfin.
US retirement fund manager OCERS is deciding on which Monroe leverage option to use.