Oliver Smiddy
.jpg "CMS Hasche Sigle bolsters debt bench")
German commercial law firm CMS Hasche Sigle has hired a partner from Linklaters to lead its Frankfurt-based debt finance team.
Allianz Global Investors has supplemented its infrastructure debt team, which is helmed by Deborah Zurkow, as it looks to begin dealmaking.
.jpg "iii makes first real estate debt deal")
The German firm, led by Reinhard Mattern, has received a new commitment for its second real estate debt fund, taking its available capital past €300 million as it inks its first deal.
.jpg "Third Eye launches Canadian debt fund")
Third Eye Capital, helmed by Arif Bhalwani, has launched its third private debt vehicle.
The rush to regulate in the wake of the global financial crisis – indeed whilst that crisis was still in full swing – has led to a wholesale reshaping of the way alternative assets managers, and the wider banking community, operate.
Debt used to be a dirty word. If a bank pitches a loan to a corporate, they’ll probably ask what the catch is. If a private debt fund manager which that corporate has never heard of does the pitching, they might not even take the meeting.
Five months in, and already Europe’s gaggle of private equity groups has extracted more equity from their portfolios - €2.3 billion no less in the first quarter alone – via debt-led recapitalisations than in the whole of 2012.
.jpg "Large LPs increase exposure to debt")
Large institutional investors are increasing allocations to alternative asset classes, including private debt, according to a new report from AMP Capital.
Frothy, or just buoyant? The debt markets at present continue to go from strength to strength with investor appetite for yield driving issuers to push their luck.
.jpg "Bayside beats $1bn target for latest debt fund")
The fund will tap both secondary and primary markets to invest in the debt of SMEs throughout Europe.