Simon Meads
.jpg?id=12885376692 "Equita SIM raises €66m for Italian private debt fund")
The Italian brokerage is targeting domestic investors to reach its €150m target for the fund which will invest in mid-size, export-focused companies.
The £15bn Scottish pension fund has picked managers including Babson and Oak Hill for new credit mandates in a private debt investment push.
.jpg?id=19327353363 "H.I.G.’s Bayside adds MD for distressed debt")
The $19bn debt and equity manager hires former BNP Paribas distressed and loan research head for distressed debt deals in Europe.
The London-based firm has brought in former Azentus Capital operations chief and ex-Probitas executive to develop placement capabilities.
New rules will make it possible for international debt managers to originate loans for Italian companies and real estate investments, and result in cheaper deals for borrowers.
.jpg?id=19327357040 "British Business Bank provides £51m to asset lender LDF")
The UK government finance provider supplies its second facility under the ENABLE Funding programme, designed to boost asset-based and leasing loans to small UK businesses.
Former Nomura International vice-chairman Justin Dowley will hand over to fellow board member and ex-Schroders CFO Kevin Parry at ICG’s AGM.
.jpg?id=12885365783 "Blackstone establishing new US CLO risk retention vehicle")
The US alternative assets manager is establishing a US equivalent to its European loan originator vehicle and is seeking a mandate from shareholders in Blackstone / GSO Loan Financing to invest into the new US-focused CLO risk retention unit.
The US alternative assets manager steps up programme of returning cash to shareholders through a modified “Dutch auction” share tender scheme.
.jpg?id=12885381588 "Stifel to acquire European debt advisory firm ISM")
The US investment bank and broker-dealer is to buy London-based ISM Capital to enhance its debt capital markets expertise in Europe.