Home North America

North America

MCC to amend original merger proposal, consider a solo sale

In a term sheet settlement with FrontFour Capital Group, MCC also added FrontFour founder, David Lorber, and one other to its board of directors.

Blackstone to become corporation after Trump tax cuts

New status is expected to widen the range of US and foreign owners of Blackstone’s stock.

Northleaf Capital Partners raises more than $500m for initial open-ended fund

The vehicle is meant to compliment the firm’s existing closed-ended credit fund, both of which will invest in mid-market companies.

Ninepoint Partners and Monroe Capital launch joint fund

The vehicle will help bring Monroe’s US mid-market strategies to a group of Canadian investors looking to access that strategy.

Twin Brook hires a managing director for its healthcare team

Timothy Wentink has more than 13 years of experience in healthcare lending.

DFG Investment Advisers hires new CEO

The credit firm hired Oliver Wriedt to help oversee business strategies, product development and to help lead fundraising efforts.

Ninepoint Partners seeks $500m for trade finance fund

The vehicle will be advised by Highmore Group Advisors, which will help originate and underwrite deals.

Tikehau adds Nomura vet, Citigroup fundraiser to senior ranks

Paris-based Tikehau has set targets to substantially boost its assets under management and the operating profits of its asset management arm by 2022.

First close on Searchlight distressed fund likely to exceed $1.94bn predecessor – exclusive

The firm is targeting a 20-30% internal rate of return and 2x-3x multiple on capital, according to Pennsylvania pension fund documents.

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 […]

Copyright PEI Media

Not for publication, email or dissemination