Magda Ali
Irish pension fund National Pension Reserve Fund (NPRF), chaired by Paul Carty (pictured), has made a cornerstone commitment of up €350m to BlueBay SME Credit Fund.
/May/News/fiberoptic80.bmp "Barclays backs fibre optics with €45m")
The bank’s private debt arm has provided a term loan to fiber optic network infrastructure provider euNetworks.
/May/News/mediacompany80.png "Kayne partners up with Comvest to fund RMG merger")
The private debt arm of Kayne Anderson Capital Advisors, in collaboration with private equity firm Comvest Partners, has provided a $24m term loan to fund the merger of Reach Media Group and Symon Communications.
/May/News/dnababy80.bmp "Capital Royalty provides $28m loan")
Houston-based private debt firm Capital Royalty has provided a non-dilutive loan facility of up to $28m to Good Start Genetics, a genetic screening company.
CVC Credit Partners, helmed by Marc Boughton (pictured), has hired Brandon Bradkin from Park Square Capital as a partner.
A widening range of funding options coupled with an outbreak of ‘amend and extend’ negotiations helped sponsors negotiate the maturity wall faced by non-investment grade companies in Europe and the US last year. But for many owners of businesses with maturing loans, the pressure to refinance remains intense, and the difficulty in getting it done formidable.
Efforts to develop a domestic private debt market are underway in India.
Private Debt Investor puts JPMorgan's Rishad Ahluwalia, global head of CLO research, on the spot.
/May/News/Mofo.bmp "MoFo bolsters real estate finance practice")
Lawrence Ceriello has joined law firm Morrison Foerster (MoFo) as real estate partner, and will be responsible for representing and advising commercial lenders, investment banks, life insurers, hedge funds on real estate debt transactions.
/May/News/Petrick%2080.bmp "Cadwaladers expands restructuring team")
Law firm Cadwalader, Wickersham & Taft continues to build its restructuring team with two senior promotions and two new hires.