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The firm is offering access to private debt, among other alternative credit asset classes, with a new open-ended fund product.
The CLO, largely comprised of senior-secured loans, attracted demand from 33 investors.
.jpg "Idinvest opens Frankfurt office, makes hires")
The France-based firm is expanding its German operation by hiring German-speaking staff and increasing its presence there.
The Canadian pension board has made a senior hire focusing on credit.
A rocky energy sector during Q4 2016 hit the firm’s BDC, causing a drop in earnings of nine cents per share.
.jpg "M&G Investments provides £85m for housing development")
The firm has committed a 35-year loan to a housing provider for the development of new homes.
.jpg "FAP launches real estate debt advisory platform")
The firm has introduced Germany’s first real estate debt advisory platform looking to give institutional investors and investment managers better access to direct real-estate investments.
Wells Fargo is providing an asset-back facility similar to one it recently provided to UK-electronics retailer Maplin.
2017 is unlikely to ring in many changes compared with the second half of 2016, but US second lien loans are an attractive option.
ICG-Longbow has provided a £16 million loan through its listed senior UK debt fund to clients of BMO Real Estate Partners, following the repayment of two loans to the fund.