GSO's €403.7 Grand Harbour I is said to be the largest European CLO since the crisis.
(1).jpg "Stenham fund of credit hedge funds returns 3.4%")
The US manager’s fund of credit-focused hedge funds, launched in January, is short of its return goal of 8 – 12% after its first full quarter.
.jpg "PEI Tokyo Forum: Private debt will help bridge the gap")
A mismatch in supply and demand has created big opportunities for credit and distressed lending in Asia, delegates heard at the PEI Global Alternatives Investment Forum in Tokyo this week.
GSO Capital Solutions II has already $3.3bn in commitments, says Blackstone president Tony James, as the firm also markets an ETF designed to appeal to retail investors.
Debt fund manager CVC Credit Partners, managed by Marc Boughton, continues to build its team with two senior hires: ex-UBS credit originator Stuart Levitt and former operations head at Chalkhill Partners Julia Agafonova.
.jpg "Caspian launches India debt fund")
The firm plans to raise $40m to offer debt capital to businesses in low income communities. The firm already has commitments from a number of local and foreign LPs.
.jpg "Frogmore announces stellar returns for second fund")
By providing real estate debt financing alongside its more typical equity investments, the London-based private equity real estate firm has generated impressive returns for its second opportunity fund.
.jpg "FMO and CDC invest in Indian debt provider")
As the debt market in India becomes increasingly popular with GPs, the development finance institutions have backed Au Financiers directly in a $60m funding round.
The senior debt facilities have a 13-year tenor and will yield about 10.5% annually.
.jpg "Stonebridge launches sophomore fund")
Infrastructure debt specialist Stonebridge Financial Corporation has launched its second fund, which has a $300m target.