Oliver Smiddy
.jpg "AXA Private Equity seals €510 million spinout")
Alternative asset manager AXA Private Equity, an active provider of unitranche financing in recent years in tandem with its buyout activities, has finally agreed to spin out from its insurer parent in a deal valuing the firm at €510 million.
.JPG "Healthcare debt fund eyes May close")
IPF Partners, a fledgling private debt manager, is nearing a first close for its maiden investment vehicle as it looks to raise between €150m and €200m to invest in the debt of European healthcare companies.
.jpg "Bidders circle for £5bn Commerzbank loan portfolio")
German lender Commerzbank is reportedly being courted by a host of private equity groups interested in acquiring a portfolio of real estate loans formerly held by its Eurohypo subsidiary worth £5bn (€5.7bn; $7.4bn).
.jpg "LBPAM raises €500m for real estate and infra debt")
La Banque Postale Asset Management has held a first close for an innovative infrastructure and real estate debt fund on €500m.
.jpg "AXA engineers record unitranche financing")
AXA Private Equity, which has built out its private debt arm in recent years, has arranged what it claims is the largest unitranche financing in Europe to back the buyout of industrial parts supplier IPH.
.jpg "UK lending scheme fails to bridge funding gap")
A UK Government-backed scheme to spur banks into increased lending has so far failed to bear fruit, suggesting the funding gap shows little sign of closing in the near future unless other sources of debt can be brought to bear.
GSO co-founder Tripp Smith charts the firm’s journey from fledgling spin-out to a heavy-hitting part of global behemoth Blackstone, and why it has its sights set on Europe.
Attractive yields and downside protection make private debt the most interesting area for Partners Group, explains René Bider.
The collapse of HMV, and its potential rescue from administration by distressed debt investor Hilco.
What does the debt package underpinning Silver Lake’s $24bn bid say about the availability of credit today?