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.jpg?id=19327370348 "KKR-backed Pillarstone extends Greek focus")
Elias Sakellis and Georg Stratenwerth join Pillarstone from Quantum Pacific and Advent respectively to focus on the firm’s Greek investment strategy.
HIG has tapped GSO for a €340m financing package to refinance the existing debts of HCS Group, a portfolio company acquired in 2011 that the firm has decided to hold onto.
Kartesia backed the German company’s expansion last year. It’s latest move is to acquire the Hungary-based Ipress printing house.
.jpg?id=19327369803 "Caerus hits first close on RE debt fund")
The German real estate lender is more than a quarter of the way to reaching its €300m target after attracting commitments from an insurance company and a pension fund.
The vehicle, launched last year, targets invests in US commercial real estate. It has an additional $1bn of borrowing capacity across its lending facilities available.
%2080.jpg "Korea Post allocates $300m to senior debt strategies")
The pension fund has allocated $300m to strategies managed by Guggenheim, Park Square and Partners Group and is expecting a 6% IRR from investments in senior debt.
Nicholas Pont and Sam Morse join from PIMCO and Muzinich respectively and will be part of the firm’s push to market Alcentra’s debt products to UK and Irish institutional investors.
.jpg "Going where the banks fear to tread")
Few debt funds currently invest in European high-growth companies, but the market is expanding as the start-up space becomes more sophisticated.
Norman Davidson joins UK-based Infinity after more than four decades at HSBC.
.jpg?id=12885347037 "ICG crosses £22bn AUM line")
ICG’s real estate platform was a big driver in the firm’s collection of €1.4bn between March and September. The firm has hinted it may launch follow-up direct lending and real estate platforms next year.