Adam Savarese spent more than six years over two separate stints of employment at the firm.
The exec will oversee the latter firm’s alternatives business, which includes an emerging markets private debt fund.
The MCC Special Committee declined it, saying it wouldn’t maximise value for shareholders as much as the current proposal.
A new report shows the number of women-owned funds raised in 2017 is less than 3 percentage points higher than in 2006, and for minority-owned funds the increase is even narrower.
PDI wants to know who you think are the most talented of the up-and-coming generation in private debt – and give them a chance of making our inaugural top 20 list.
Paul Kelly joins the credit management behemoth as it is launching its new BDC, Blackstone / GSO Secured Lending Fund.
The firm will now have a CIO in North America, Asia-Pacific and Europe.
Hermes latest hire will expand its expertise in the German loan market as it seeks to grow its business in continental Europe.
Jeffrey Levin’s duties will be divided among the firm’s other executives.
With new hires, the firm’s Asian strategy now includes providing ‘flexible capital’ for management buyouts.