Sam Sutton
Proceeds from the termination will be used to fund commitments to Babson Capital and Crescent Capital.
Franklin Square’s business development company plans to list on 16 April.
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Proceeds from the sale will be used for general corporate purposes.
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The $180.8 billion retirement system made the bulk of its distressed commitments in the years leading up to the financial crisis.
Comvest provided $50m in term loans and credit facilities through its debt platform last summer.
Since his arrival from Morgan Stanley in 2010, The Carlyle Group’s Mitch Petrick has been trying to build a credit platform that is different from its competitors’. Sam Sutton sits down with the managing director and head of Carlyle GMS.
US trade body the Small Business Investor Alliance mistakenly attributed three donations to its political action committee as being from SBIC and mezzanine investment funds.
Ares Management will trade on the New York Stock Exchange under ARES.
Harold Zagunis will take over for Harold Spencer (pictured), who was interim CFO through TriplePoint Venture Growth BDC’s IPO.
The private equity firm made its initial investment in the single family rental home platform in 2011.