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.jpg "State Street: Debt rallies in Q3 2016")
The performance of distressed debt funds helped private debt performance improve in Q3 2016 after a ‘rough’ 2015.
.jpg "British Business Bank raises £400m for Northern UK fund")
The bank, together with European partners, has secured funding and appointed managers to oversee a Northern-UK focused debt and equity fund.
Having previously announced a planned allocation to sterling-denominated private debt, the pension fund has taken a 20 percent stake in Gresham House.
The sponsor will use the facility to assist with its buy-out of France-based plastic packaging firm Ipackchem.
.jpg "Bankia puts loan portfolio up for sale")
Reports in Spain suggest the bank has placed €180m of real estate loans on the market.
The firm says Brexit concerns have not impacted demand from investors outside the UK.
The Scottish government branch is searching for a manager to oversee a planned fund offering.
Franklin Templeton Investments’ private equity and debt arm has completed a mezzanine financing facility for Polish insurer Unilink.
The firm has hired a former Deutsche Bank executive to lead its debt capital markets team.
.jpg "ABN AMRO provides financing to TradeRiver")
The Dutch-based bank’s commercial lending arm has provided a £25m debt facility to the UK-based fintech firm.