News & Analysis

The firm received over $750m in equity capital and created its third BDC.

The firm’s performing credit strategies have returned 9.4% for the last 12 months, significantly outperforming its distressed strategies, which have returned 4% over the same period.

Covenants continue to loosen in Q3 across several areas including margin protection and the way leverage is calculated for acquisitions.

The fund-of-funds manager will explore opportunities in the US distressed debt market as it seeks dislocations in asset pricing.

Private debt managers need to accelerate their take-up of new technologies to avoid becoming yesterday’s news.

The firm’s third vehicle is hoping to raise $100m.

Investing in funds, co-investment and joint products are all expected as a result of collaboration between the two firms.

Distressed fundraising falls back as senior debt funds lead.

The firm has raised $3.3bn for real estate loans across its first two funds.

The retailer's revenue declined by more than 50 percent in the last five years.