Chris Janiec
.jpg "TICC CLO earnings fall in Q1")
High LIBOR pricing and an increase in CCC rated assets drove down CLO earnings in the first quarter for the Connecticut- based BDC.
The mid-market lender has provided an $80m facility to support acquisition of West Star Aviation by Norwest Equity Partners.
The Virginia-headquartered bank has added former GE Capital staff members as industry fallout from sales continues.
The mid-market M&A and debt advisor has established a West Coast presence.
The New York-based firm has raised an additional $1.6 billion for its fourth distressed fund.
.jpg "Four alts giants vie for American Capital assets")
Ares, Apollo, Fortress and Blackstone are competing to acquire American Capital assets, according to a Reuters report.
BlackRock’s BDC focuses on macro headwinds and idiosyncrasies in legacy investments while presenting mixed results for 2016 thus far.
US-based alternative asset manager works with partners to expand consumer services presence in Spain and Portugal.
New hires, follow-on funds and possibly two additional CLOs are likely forthcoming from Carlyle this quarter.
The Canadian firm’s Credit Partners group has priced a $500 million vehicle, which marks its eleventh issuance overall.