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.

Redrawing the lines for direct lending

Lenders are pushing back against overly generous deal terms, but it is easier said than done, and there are various pressure points for deal makers.

How funds’ increasing firepower has transformed the European market

Amid record levels of fundraising and an evolving deal market, Proskauer partners Alex Griffith, Faisal Ramzan and Ben Davis examine how private debt's role is shifting on the continent.

European private debt deals grow 9% in 2018

Deal growth has remained healthy as record fundraising in 2017 has created pressure to deploy funds.

The false alarm around leveraged loans

Fears are growing that here is a market potentially posing systemic risk. Research from Partners Group suggests such concern may be misplaced.

GSO BDC initial portfolio anchored by two warehouse transactions

The New York-based credit firm is in the throes of raising its new direct lending vehicle and has collected over $950m so far.

Medalist Partners acquires CLO business

The alternative asset manager bought a controlling stake in JMPCA, which manages $1.2bn across three CLOs.

Brookfield’s union with Oaktree: GDAM, they want credit

With the addition of Oaktree, a respected credit business, Brookfield has shown how debt investing has risen to prominence post-global financial crisis and become crucial for being a global diversified asset manager.

This time, debt funds are picking a bigger fight

Buoyed by fundraising success, the likes of GSO are writing bigger tickets and widening their challenge to the banks.

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