/March/News/dev.bmp "Cantor appoints De Ville as MD of European debt capital")
Martin De Ville will join bond broker Cantor Fitzgerald as part of its private debt structuring team to execute leveraged private lending in Europe.
/March/News/estate%20debt%2080x80.bmp "Real estate managers: out with equities in with junior loans")
An increasing number of real estate asset managers are looking to take advantage of loan restructuring opportunities in real estate assets in a bid to eventually win control of assets.
/March/News/nixon%2080x80.bmp "Alcentra makes senior hires in US and UK")
Alcentra, led by David Forbes-Nixon, is building its presence in the US and the UK with two senior hires: ex-Highland Capital managing partner Jack Yang, and former European head at Cantor Fitzgerald Mike Johnson.
/March/News/BoE%2080x80.bmp "Bank of England: Over-leveraged buyouts pose systemic threat")
The Bank of England has warned that over-leveraged companies acquired by private equity during the buyout boom of the early 2000s could spark a new financial crisis in the event of widespread defaults.
.JPG "Healthcare debt fund eyes May close")
IPF Partners, a fledgling private debt manager, is nearing a first close for its maiden investment vehicle as it looks to raise between €150m and €200m to invest in the debt of European healthcare companies.
Partners Group predicts the favourable characteristics of European mezzanine investments – high returns and low default rates – over the last 21 years will foster increased interest in the credit instrument.
.jpg "Bidders circle for £5bn Commerzbank loan portfolio")
German lender Commerzbank is reportedly being courted by a host of private equity groups interested in acquiring a portfolio of real estate loans formerly held by its Eurohypo subsidiary worth £5bn (€5.7bn; $7.4bn).
.jpg "LBPAM raises €500m for real estate and infra debt")
La Banque Postale Asset Management has held a first close for an innovative infrastructure and real estate debt fund on €500m.
.jpg "AXA engineers record unitranche financing")
AXA Private Equity, which has built out its private debt arm in recent years, has arranged what it claims is the largest unitranche financing in Europe to back the buyout of industrial parts supplier IPH.
.jpg "UK lending scheme fails to bridge funding gap")
A UK Government-backed scheme to spur banks into increased lending has so far failed to bear fruit, suggesting the funding gap shows little sign of closing in the near future unless other sources of debt can be brought to bear.