PDI Staff Writer
The retailer's revenue declined by more than 50 percent in the last five years.
The merged company will be renamed Carlyle Aviation.
Bain Capital Specialty Finance , which has more than $1.2bn in assets, is set to list on the NYSE.
As of 2017 the fund had invested over $500 million in private debt.
The fund has made five investments so far, two of which are in Canada.
Paul Kamenski and Robert Lam will bring expertise in systemic quantitative research.
Dan Robinson is CIFC’s first investment hire for the European team.
The firm hopes the new personnel will help expand its venture reach.
The retailer’s severance fund may, however, change future discussions at the negotiating table.
The new fund hopes to bolster LongPoint’s mineral royalties.