Sam Sutton
.jpg "Brickman hits $104m for Fund VI")
The New York real estate specialist's previous private debt fund closed on $225m in 2010.
Darby invested R$58 million (US$30 million) to the renewable energy company in 2011.
In the wake of the crisis, Pembrook Capital Management has carved out a lucrative niche for itself as a lender to transitional commercial real estate properties in the US. Sam Sutton speaks with Stuart Boesky about how regulation has been a catalyst for opportunity.
Comments at ACG Intergrowth 2014 and PDI’s first anniversary party highlight how borrowers, banks and lenders have negotiated the arrival of unitranche, writes Sam Sutton.
AllianceBernstein recently brought the Barclays Private Credit Partners team over to lead its mid-market lending platform. Sam Sutton sat down with managing director Brent Humphries at ACG Intergrowth to discuss the transition.
Alaska's huge $750m separate account with Apollo, focused purely on credit strategies, shows just how important private debt has become for institutional investors and is further proof that such accounts are growing in popularity.
The Philadelphia-based firm beat its $650m target.
.jpg "ICV closes Fund III on $400m")
ICV transactions typically include 45-55% equity, with the remainder coming in the form of senior debt.
Apollo will manage a $750m in private credit account for the state’s permanent fund.
North Carolina had a 4.94% allocation to credit strategies as of 31 March.