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david.b@peimedia.com

The pension fund has increased its assets to £7.5bn and committed to funds managed by Oaktree and ICG.
Appu Mundassery, who joined the firm in 2009 and is based in the firm’s London office, will lead the firm’s European credit operations.
The Spanish lender is targeting a €150m final close on its third vehicle and is looking to attract more international commitments to the fund.
AMP’s hiring of Adam Heath as VP is part of the firm’s broader plan to seize on increasing opportunities in the US infrastructure debt market.
Harvest XVI is the second CLO fund closed by 3i this year, and the first since the Brexit vote. It targets investments in senior secured loans used by private equity sponsors for buyouts.
The firm has been boosted by an additional £20m of commitments from investors to its UK lending business, which has a particular focus on the leisure market.
The fund structures senior, mezzanine, unitranche and PIK loans in its fund, which targets investments in Western Europe.
The UK-government owned entity aims to unlock £36m of investment into SMEs based in the northwest of England through its backing of Praetura Asset Finance.
Neil Kerridge joins as regional underwriting manager and will report to EMEA head Stephen Chait.
The strategy will target investments in UK companies with an EBITDA between £5m and £75m. The strategy is targeting a return of LIBOR +6%.
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