Rachel McGovern
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The London-listed investment trust will invest in Apax Partners private equity deals and investments derived from the group’s main activities including the debt of portfolio companies
Derek Sach, who led the Royal Bank of Scotland’s restructuring unit until March, joined CVC Credit Partners in an advisory role in April
The syndicated mezzanine remains weak, but fans of the product should not despair. It has adopted the direct lending approach to stage a comeback
Joining from Amundi Smith Breeden, Carl D. Bell will focus on credit investment
The Gulf-based alternative lender has structured junior debt for the new Taj Dubai hotel.
With unitranche deals en vogue, Rachel McGovern examines why the instrument was used to back the partial buyout of a French clothing brand.
GE is hoping to maximise returns by banning the poaching of staff and selling off its US sponsor finance unit as a going concern. Rachel McGovern argues that the tide is against that outcome.
On the back of strong results, ICG and 3i Debt Management are both committed to expanding their credit businesses with new initiatives. Rachel McGovern reports.
.jpeg?id=12885346813 "Tikehau raises convertible debt; reshuffles shareholding")
The founders and management of the French asset manager increased their stake in the investment company, Tikehau Capital Partners, while reducing their stake in the management company in favour of Crédit Mutuel Arkéa.
The German regulator has given the nod to origination by non-bank lenders. The authorities in Brussels should do the same