Oliver Smiddy

The Dallas-based group and investment bank JPMorgan are poised to acquire a CRE loan portfolio with a face value of more than €4.3bn put up for sale by Commerzbank, according to reports.

The UK-listed private debt group, which celebrated its 25th birthday last year and is led by Christophe Evain, raised more capital and realised more assets in the full year to 31 March 2014 than at any other time in its history.

Kenneth Kencel, whose firm Churchill Financial was acquired by Carlyle in 2011, resigned from his post as president but will remain on the investment committee until June next year.

Four fund closes this week, and more than $2.7 billion of commitments tied up. Can the managers make good use of their fresh capital?  

The Hong Kong-headquartered special situations specialist more than doubled the size of its second fund in raising its latest vehicle.

The London-headquartered firm, founded by a trio of former Duet Private Equity professionals, raised significantly more than its £300m maiden vehicle.

The London-headquartered private debt group, led by former Goldman Sachs banker Robin Doumar, has reportedly begun marketing its third subordinated debt fund.

The group has appointed Robert Plehn to be its capital markets leader after more than 10 years at Lloyds Banking Group.

The resurgent CLO market meant 3iDM was able to increase its AUM slightly to £6.5bn through raising four new vehicles to replace those reaching the end of their reinvestment periods.

The merchant bank’s Five Arrows Credit Solutions fund, which will make junior debt investments in Western Europe, exceeded its target.