John Bakie
The Swiss asset manager’s maiden fund has begun marketing to new investors.
Deal numbers are up across Europe.
Strong lending in the final two quarters of 2017 saw record levels of European deal activity.
Five London pension funds are to commit about 5% of their assets to private debt.
The support for WHP’s buyout follows a deal to refinance the business last year.
Gordon Watters will bring 30 years’ experience to Triton’s debt investment arm.
The deal will enable the wealth manager’s employees and management to buy back a minority stake in the company.
The appointment of Adam Johnson to work alongside MidCap follows Apollo’s commitment to grow its credit business.
Increased investment in distressed debt funds could be signs of a troublesome economic environment ahead.
The new law doubles the amount of leverage BDCs can use.