Rachel McGovern
The vehicle will focus on US dollar-denominated fixed income debt investments, including government and corporate bonds.
.jpg?id=12885346776 "American Apparel lenders agree debt for equity swap")
The clothing brand’s senior lenders have agreed to write off more than $200 million of debt in exchange for control of the company.
Managers speaking publicly and on the sidelines at this week’s PDI Forum in New York say deal making is slowing as lenders assess conflicting market signals.
The credit crunch changed how UK housing associations financed themselves. Rachel McGovern profiles how one such borrower, Acis Group, finances itself and discovers that the alternative lending trend could be in reverse
The California-based private lender has recruited a number of sector experts to serve on its advisory board and support the firm’s portfolio companies.
The €1.2bn portfolio of SME claims brings AnaCap’s total Italian NPL portfolio to around €6bn.
Lending to companies without a private equity sponsor bears some resemblance to skydiving – the vast open space is impressive but without a sponsor, are lenders forgetting their parachute? Rachel McGovern gathers a group of managers, investors and advisors to discuss the pros and cons of taking the leap
From taper tantrums to fluctuating commodity prices, growth in Africa faces a number of challenges. Rachel McGovern discusses the risks and opportunities with managers and investors still betting on a region many find intimidating
The capital for the new strategy was raised via the listing of shares on the Mexican Stock Exchange, the second such vehicle for Northgate Capital’s Mexican business.
Cerberus has found itself bogged down in claims of a corrupt payment to ‘fixers’ working on its $1.2bn loan portfolio purchase in Northern Ireland. The political storm should be a warning to investors who see Europe as a risk-light jurisdiction.