PDI Staff Writer
The direct lending vehicle will invest in lower mid-market companies based in the US.
The BDC has experienced steady losses for over four years, with a net asset value drop of 30% over the last fiscal year alone.
Robert Stark, the new senior managing director, will be responsible for helping develop and execute the firm’s strategy.
The California pension fund updated its asset allocations to ensure steady returns if faced with changes in market conditions.
Vehicles operating in the space are increasingly targeting sustainable projects due to LP demand and goals set by the United Nations.
This year's crème de la crème of the private debt fundraising world.
Fund managers attempting to penetrate the Mittelstand need to target asset-heavy businesses to compensate for weaker credit metrics. Daniel Heine of Patrimonium explores the landscape.
With low defaults, tough lending criteria and a diversified portfolio, lending to smaller businesses can prove itself resilient to changes in the cycle, maintains Stéphane Blanchoz of BNP Paribas Asset Management
The BDC is seeking approval from shareholders to change its debt-to-equity ratio from 2:1 to 1:1.
As the PDI 50 reveals, competition at the top has never been tougher. Graeme Delaney-Smith of Alcentra,offers insight into the current state of Europe’s deal market.