John Bakie
Cortland says the deal will strengthen its debt and real estate offerings.
The French asset manager has launched a debt vehicle targeting cured hams and Parmesan cheese.
Intermediate Capital Group is preparing to deploy €5.2bn of capital into a competitive market.
European Central Bank plans to tighten up non-performing loan rules could be rolled back due to fears of a fire sale.
The firm’s real estate debt business launch follows hot on the heels of its latest private debt fund close.
The Palo Alto, California-based BDC says externalising management has been a “distraction”.
At first glance the CLO market has defied gloomy forecasts made in the wake of new regulations, but it is still early days.