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The Swiss investment bank has reduced its activities in the private debt space, reporting a 79% cut in its distressed debt portfolio following the $1.2bn TSSP deal.
The tender comprises two €300m lots, one focusing on private placements and another on senior loans. Both lots target investments in French SMEs.
Investec Aviation Finance was the sole arranger of a $1bn financing of four aircraft leases for the Dubai-headquartered Emirates Airline.
The British Business Bank is targeting investments in the North of England as part of its commitment to the Northern Powerhouse project. Loan sizes will be between £100k and £750k.
The global asset manager of insurance group Aviva has expanded its infrastructure debt team with the appointment of Florian de Chaisemartin.
The Swiss bank has advanced its plans to exit the distressed debt space, selling $1.27bn worth of assets to TSSP. The deal results in a $100m charge for Credit Suisse.
(1).jpg?id=12885382311 "EC supports development of crowdfunding sector")
While some member states have introduced national regulations, the EC does not yet see the need to create a Europe-wide regulatory framework
The US investment firm has held a final close of €410m for its debut CLO fund. The latest development is part of BlueMountain’s broader plan to establish itself in the European CLO market.
Jean-Francis Dusch, chief investment officer of Edmond de Rothschild Asset Management’s BRIDGE platform, talks about the challenges for alternative lenders and the launch of the firm’s second BRIDGE platform.
%2080.jpg?id=19327362145 "LendInvest secures £40m line of funding")
Macquarie has provided the UK-based marketplace lender with a £40m warehouse facility to provide bridging and buy-to-let loans. The UK firm says it expects to fully deploy the capital by the end of this year.