Clare Burrows
The two asset managers have established a joint venture as Howard Marks’ Oaktree builds its China presence.
Private debt lenders face mismatched risk-return profiles and continuing difficulties when enforcing contracts.
The global private equity firm has offered a $90m convertible loan to Apollo Hospitals to address company debt and build more hospitals.
.jpg "Study: Debt availability eases globally")
PE firms globally are more confident about the availability of leverage, with the exception of Indian GPs who find it ‘very difficult’ to obtain, according to a Grant Thornton report.
.jpg "ICG hires fundraiser in Asia")
The UK-based mezzanine firm has added Nyree Hu to its Hong Kong team.
Billabong's takeover agreement from a consortium of investors led by Altamont Capital Partners can proceed, say regulators.
.jpg "3iDM hires IR director in Asia")
Lisa Johnson joins from Parker Global Strategies to boost client coverage in the region.
(1).jpg "PE-owned MediaWorks goes into receivership")
Investors and debt holders in MediaWorks, a media company which owns the rights to X Factor in its native New Zealand, have begun discussions over refinancing the business as it struggles to repay debt.
.jpg "Billabong refinancing threatens equity wipeout")
Two private equity-led consortia have dropped buyout bids for the ailing Australian surf-wear retailer, in favour of a refinancing plan that could wipe out shareholders.
The government has increased the ceiling for the amount of Indian corporate debt issued or held by foreign investors to $51bn from just $1bn, a move likely to provide foreign firms with attractive opportunities in India’s credit market.