Rachel McGovern
The Canadian senior lender is raising its fifth corporate debt fund and is also in the market with its debut infrastructure debt vehicle.
SKY Leasing will finance Airbus and Boeing planes for commercial airlines and launches with $250m of initial capital.
The battle over TICC Capital is a colourful spectacle that both encapsulates and distracts from the burning issue for BDCs: poor performers drag the whole sector down.
The short-term mortgage lender hopes to raise £150m to lend via its own platform. The marketplace lender also reported more than doubled annual profits of £3.1 million.
.jpg?id=19327362746 "GE Capital to sell three units to Wells Fargo")
The latest $32bn asset disposal leaves GE Capital with just one US division to offload and brings its disposal total to $126bn in ending net investment.
The real estate-focused investment bank has launched its mezzanine and whole loan lending platform with support from shareholder, Omni Partners.
.jpg "Bayside Capital promotes former banker to MD")
Andrew Scotland, who joined HIG Capital’s distressed credit unit two years ago, has been made managing director.
.jpg?id=12885324327 "Canadian venture debt manager hits first close")
Wellington Financial is seeking $300m for its fifth venture debt fund, with the ability to recycle equity bringing the potential investment to $900m.
.jpg?id=12885377095 "Investors underexposed to alternative credit – Towers Watson")
Alternative credit and more illiquid strategies, in particular, could boost investors’ returns and reduced equity exposure risk, argues the investment consultant in a new report.
Carlyle and Pictet Group launched the secured specialty fine art lender with $280m in equity capital.