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The firm is aiming to raise $100bn across all of its investment strategies by 2019 and is looking to scale up its European credit and real estate debt business.
Erich Gerth will take over as chief executive from Alex Khein at the beginning of May.
The firm has attracted enormous interest in its private debt strategy after its previous vehicles attained a gross realised IRR of 30%.
The £10.4m debt financing is among the six transactions completed in the UK SME fund, Beechbrook’s sponsorless strategy which has raised £150m at final close.
An S&P report shows bank lending to project financing is dropping in the EMEA region. While banks are trying to find ways around the Basel III restrictions, a space is opening up for institutional investors.
The investment arm of the German insurance giant Talanx has committed to private debt strategies on both sides of the Atlantic. Andreas Asche and Michael Kebbel explain which strategies they favour the most.
Recent trends show deal sponsors increasingly turning to private debt funds, a trend that is likely to be encouraged if European regulators get their way.
Funds managing infrastructure debt strategies may find success luring ESG-conscious investors this year. David Brooke takes a look at the potential for the asset class.
The two firms co-arranged the facility to support Chequers’ acquisition of French construction company Alkern Group.
The Japanese investment firm has had a regular presence in the shipping industry since the 1970s and says that current market conditions are increasing its appetite.