Andrew Hedlund
The BDC previously acquired another ABL lender, focused on healthcare, in September 2013.
Former KKR executive Erik Falk’s move to Evanston, Illinois-based Magnetar could mean a new chapter for the hedge fund.
The New York-based credit investment behemoth’s European Principal Finance Fund III has raised more than $4bn.
Former KKR executive Erik Falk’s move to Evanston, Illinois-based Magnetar could mean a new chapter for the hedge fund.
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The Los Angeles-based credit investment behemoth had purchased the two lending entities from Fifth Street Asset Management in a $320m deal.
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High-net-worth investors continue to carve out space for private credit.
The massive financial firm is said to be targeting $10bn.
High-net-worth investors continue to carve out space for private credit.
The new firm hired an investor relations head to focus on its ABL vehicles.
The merger and portfolio sale follow an effort by NewStar to turn itself into an asset management firm.