Anna Devine
.jpg "SL Capital makes senior hire for private debt")
The new hire reflects how the investment manager is moving into more direct investment opportunities.
A dedicated team in London has been deploying capital into European large-cap second-lien loans and is also assessing opportunities in the mid-market.
.jpg "SVP leads listing of Pfleiderer")
Strategic Value Partners now owns a 25.9 percent stake in the newly-listed Pfleiderer Group, a manufacturer of wood-based materials headquartered in Poland, three years after leading the restructuring of the group’s debt.
The joint venture, which will allow investors to gain exposure to mezzanine deals in Japan, has raised ¥46.5 billion.
.jpg "Adamas and Ping An launch $500m joint venture")
The vehicle is Ping An’s first US dollar denominated fund and will be used to extend loans to small to medium sized enterprises. Adamas Asset Management is also Ping An’s first joint venture partner, PDI understands.
The co-head of mid-market lending at Lloyds is leaving the UK bank to take up a new role at BlackRock.
From fee structures to the potential gap between what investors want and managers can provide, PDI’s third annual European conference heard as much discussion of challenges as opportunity. Anna Devine reports
Not all debt investments are created equal. Four lenders and a trustee spanning the many realms of private debt in Europe today joined Anna Devine and Rachel McGovern to discuss the tricky yet still promising landscape before them
The London-based manager has made two investments in recent months from Fund II. Capital deployed now stands at 76 percent.
.jpg?id=19327356322 "PAG executive director to join KKR’s Hong Kong office")
Stuart Blieschke will move from PAG to KKR. The new hire comes just as former principal at KKR Tim Caflisch, who was set for a move to the territory, leaves for a position at Finepoint Capital.