Oliver Smiddy
It’s been a good week for the UK banking community. RBS and Lloyds, heavily indebted to the taxpayer after their bailouts, posted encouraging results which showed a return to profitability.
.jpg "World Bank’s Zoellick joins Temasek")
Robert Zoellick joins the Singaporean sovereign-backed investment group's board as it increases its emphasis on the US and Europe.
.jpg "Ex-Mizuho fixed income head launches hedge fund")
Jeffrey Yap, the former head of fixed income at Mizuho Financial Group, is poised to launch his own hedge fund later this month.
.png "Banks underwrite €635m of debt for Pamplona deal")
Goldman Sachs and JPMorgan have underwritten a €635m debt package to back the buyout firm's acquisition of OGF.
.jpg "Praesidian leads $30m pizza chain refinancing")
The New York-based private debt fund manager has led a refinancing for the Californian pizza chain.
(1).jpg "Assured Guaranty closes £63m project finance bond")
Proceeds will be used to finance the construction of student accommodation in Edinburgh, UK.
.jpg "Integrated Private Debt holds first close")
The Canadian asset manager has garnered $307m in commitments so far for its fourth fund, with three months of fundraising remaining.
.jpg "Bayside buys €150m NPL portfolio")
HIG's European private debt arm has completed the first secondary deal involving a Spanish banking cooperative.
Manager selection from an LP’s perspective is viewed as a science, but it’s also an art. Institutional LPs and funds of funds will have complex tools to vet performance data and thereby identify leading managers. But software can’t tell you everything.
.jpg "Credito Valtellinese launches SME lending fund")
The Italian lender has taken advantage of the European Commission’s Risk Sharing Agreement scheme.