Oliver Smiddy
The CLO is London-based ICG's first in Europe this year, and follows its maiden US CLO which closed earlier this week.
The offering by California-based venture debt firm TriplePoint generated $125m in proceeds, which will be used to pay off a bridge loan used to acquire a portfolio of assets prior to listing.
The Blackstone Group’s president, Tony James, has argued that private debt funds, far from representing a systemic risk, are a much needed and integral part of the financial system.
The French alternatives firm has promoted Eric Gallerne to partner.
The UK-listed asset manager has hired the three founders of Credos Capital and acquired their proprietary platform as it bids to build out its structured credit offering.
After more than 1,400 votes were cast, the winners of Private Debt Investor’s inaugural annual awards are revealed today, and include established global heavyweights alongside local firms.
Private debt funds have a major part to play in cleaning up the balance sheets of European banks.
When KKR Asset Management provided a €320m financing package to help ailing Spanish construction company refinance its debt, it underlined the firm’s willingness to buck conventional wisdom, writes Oliver Smiddy.
Our first annual review takes a look back on a big year for private debt: the top stories, the key trends, what's in store for 2014 and the results of our inaugural awards.
Adam Dann has been a partner at the firm since 2006, and has led BLP's projects and infrastructure group for the last four years.