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Jesse Mosebye has been appointed as fund associate. He joins from Scotiabank.
The firm’s third mezz platform is looking to raise €150m for investments in French SMEs and is targeting a first close by the end of the year.
Stellwagen has launched a platform targeting investments in the aviation debt market. Howard Millar will take up the role as chief executive at the firm, which is set to begin fundraising later this year.
%2080.jpg "AnaCap raises $544m for third credit fund")
The London-headquartered firm has raised $543.9m from 28 investors for its AnaCap Credit Opportunities III fund.
Alpha Bank and Eurobank have assigned the management of a number of under-performing assets to KKR’s Pillarstone credit vehicle.
The Madrid-based firm is eyeing a final close on €300m in June and is targeting an IRR of 20%.
The CLO manager has deployed around 75% of the fund and has postponed the launch of its next CLO until the UK referendum on EU membership has taken place.
The asset-based lender has appointed Tom Weedall as a director of loan originations at the firm’s Manchester office.
The European affiliate of American Capital has reached a final close on €473.5m for its mid-market direct lending fund. It has already invested €320m of the raised capital.
The number of leveraged loans and high yield volume dropped in Q1 2016 compared with the same period last year. One of the factors cited is the uncertainty around the Brexit vote.