Rachel McGovern
.jpg?id=12885367360 "Falcon targets $1.25bn for Fund V – exclusive")
The Boston firm is seeking around $350m more than it raised for Strategic Partners IV which closed in January 2014.
Direct lender BlueBay Asset Management extended the financing to support the firm’s latest acquisition.
.jpg "Muzinich opens second UK office")
The new Manchester base will include three private debt specialists and is recruiting.
A burst of rationality seems to have struck the US leveraged loan market with investors demanding higher pricing and even pushing back on loose structures. Will it last and should lenders be wary if it does?
The new vehicle will be led by Dave Furlong, a former HSBC and Lloyds leveraged financing veteran.
.jpg?id=12885371226 "ESE World signs €90m refi")
Avenue Capital and BlueBay Asset Management teamed up to provide the unitranche financing.
The UK and US based asset manager has restructured the €306m Cairn CLO III, the first post-crisis European leveraged loan securitisation, to bring it back into compliance with regulatory guidelines.
The UK-listed asset manager is nearing a final close on its debut North American fund and has expanded its US investment team with a hire from Barclays.
The purchase expands the UK and US SME lending platform’s reach into three new continental European countries.
.jpg?id=12885345128 "Double Haven nabs $111m credit allocation")
Asian credit investment specialist Double Haven’s long / short bond fund picked for a $111 million mandate.