Justin Slaughter
The US asset manager’s opportunistic debt team is raising a credit fund.
Tom Goila joins as the low mid-market lender expands its direct lending.
The Toshiba-owned firm experienced a “liquidity drain” after US projects stalled.
The private debt industry could be forgiven for focusing on one set of reforms, but there are three changes that could boost BDCs.
The asset manager and insurance giant are optimistic about floating rate debt.
The BDC nearly doubled its portfolio company investments in 2016.
The New York-based alternative asset manager remade GE Capital’s French consumer finance arm into a new firm, My Money Bank.
The global asset manager’s fund closed on $8.4bn last November.
The Philadelphia-based firm already manages $5bn of energy-related assets.
The music company is uncertain about its solvency through 2017.