Rachel McGovern
The announcement is the latest in a string of new hires for the French asset manager.
The proposed capital requirements are not regulation of the sector, said the FHFA, but will rule which lenders and mortgage servicers can contract with government agency mortgage providers.
The Middle East-focused alternative investment firm will leverage its own fund commitments with the credit line as it eyes opportunities in UAE, Saudi Arabia and Egypt.
.jpg?id=12885362052 "OrbiMed closes second healthcare credit fund on $924m")
Fast fundraise for healthcare credit strategist, despite regulatory block on European investment.
.jpg?id=19327353726 "Indebted Kaisa loses CEO; sells assets")
A massive debt pile totalling almost $4 billion threatens the company as it struggles with the slowing Chinese property market.
The asset manager is seeking an advisor to help package the assets for sale.
A large number of the biggest names in distressed investing have said they want focus on stressed energy plays. With oil under $50 a barrel, the potential upside is hard to deny but are there enough of the right kind of assets to go around?
Financially engineered and repackaged loans were blamed for the financial chaos of 2008. Could all be forgiven? Rachel McGovern examines this possibility in the form of a new partnership between a US hedge fund and a UK-based marketplace lender.
Several bodies have been working hard to help a distinct European private placement market emerge. But with an existing global market available, Rachel McGovern examines whether a regional approach is a runner.
In 2013, Babson Capital began positioning to scale up their over 20 year-old private credit offering. For Babson Global Private Finance CEO Eric Lloyd, 2015 is the year the firm will find out if the pieces of the puzzle fit together.