Medley receives offer for SBIC programme from Origami Capital

The new $45m bid comes after NexPoint Advisors made an offer for combining MCC into its sister BDC, Sierra Income Corporation.

Headwinds for European leveraged loans hampered Q4

With issuers deterred by volatility and investors beginning to push back against bad terms, high yield bonds and leveraged loans took a dive in the final quarter of last year.

AnaCap buys Italian SME loans worth €4bn

The deal is the investor’s first from its fourth Credit Opportunities fund, which held a first close in November.

Strength in numbers could be game-changer for lenders

A new organisation has been formed that may help create a more equal relationship between borrowers and investors in Europe.

‘Megadeals’ drive rise in 2018 NPL sales

The European loan sales market reached new heights last year, with €113.8bn of non-performing loans been sold, according to Evercore.

Why it might be time to stem the direct lending flow

More than one-third of investors participating in a PDI LP poll said they plan to increase their allocation to direct lending. They should tread carefully.

HTGC breaks its own record with $1.21bn in commitments during 2018

The BDC passed its prediction of $1.1bn of investments for the year that was made at the end of the third quarter.

2019 in North America: These deals keep on turning

US private equity activity is likely to continue apace whatever happens to the economic and credit cycles.

KKR spreads its wings with $1bn aircraft leasing investment

The deal for a 50% share in Altavair has been made by both KKR’s infrastructure and credit businesses.

Twin Brook invested more than $1bn in healthcare during 2018 – exclusive

The firm doubled its footprint and joins others in making investing in the sector a core strategy.

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