Investcorp acquires placement firm Mercury

The transaction is part of the Bahrain-listed firm’s expansion and global growth plan to boost its AUM to $50bn.

All is calm, but it’s time to stay alert

Many in private markets seem content with market conditions, but it wouldn’t take much for a temporary wobble to become a longer-lasting problem.

4 takeaways from InterGrowth 2019

The borrower-friendly market was the source of many observations at the annual gathering of private equity professionals, private credit managers and service providers in those industries.

Brookfield aims for relevance at every point in the cycle: Flatt

In buying Oaktree and capturing its credit business, Brookfield now has capital to serve its clients at all times, says chief executive Bruce Flatt.

Howard Marks on the Oaktree-Brookfield tie-up

Oaktree Capital Management wasn’t looking for a partner when Brookfield Asset Management approached it about a deal. Founder Howard Marks talks Isobel Markham and Andrew Hedlund through the transaction, and what lies ahead for private markets

UK NPL portfolios expected to be put up for sale

CBRE’s head of loan advisory expects an increasing number of non-performing retail loans to hit the market in the next two years.

How Europe’s deal volumes stack up

European private debt deal volumes have more than doubled in just six years.

Alcentra BDC puts itself on the block

The New York-based US direct lending arm of Alcentra has hired Houlihan Lokey to lead a review process to evaluate strategic alternatives for the business development company.

NexPoint offers $25m in cash, $50m in share purchases in latest MCC bid

NexPoint Advisors has sweetened its bid for Medley Capital Corporation (MCC) by upping its cash compensation and the amount of MCC stock it pledges to purchase should it ultimately acquire the beleaguered business development company. Dallas-based NexPoint Advisors, an affiliate of Highland Capital Management, has said it will provide a $25 million cash payment, up […]

European deals to look out for in 2019

With record amounts of capital to deploy, managers are eyeing opportunities on the continent. We examine some of the potential areas of focus and how the market differs across the Atlantic.
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