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Massive fundraising numbers lift Blackstone above $500bn AUM mark

With these results, Blackstone is more than halfway to its goal of managing $1trn by 2026.

MCC to amend original merger proposal, consider a solo sale

In a term sheet settlement with FrontFour Capital Group, MCC also added FrontFour founder, David Lorber, and one other to its board of directors.

Blackstone to become corporation after Trump tax cuts

New status is expected to widen the range of US and foreign owners of Blackstone’s stock.

‘It’s strange – business goes on as normal’

Speculation is rife about the ending of the cycle and what political developments may be coming round the corner. Alex Schmid of ESO Capital is staying focused on doing deals others overlook

Ninepoint Partners and Monroe Capital launch joint fund

The vehicle will help bring Monroe’s US mid-market strategies to a group of Canadian investors looking to access that strategy.

How direct lending’s growth is changing returns

Jess Larsen of FIRSTavenue charts the evolution from ‘idiosyncratic alpha’ to cost-efficient beta, and the impact this is having on fees

Alcentra BDC puts itself on the block

The New York-based US direct lending arm of Alcentra has hired Houlihan Lokey to lead a review process to evaluate strategic alternatives for the business development company.

Tikehau adds Nomura vet, Citigroup fundraiser to senior ranks

Paris-based Tikehau has set targets to substantially boost its assets under management and the operating profits of its asset management arm by 2022.

Strong returns and niche offerings keep private debt on the radar

While leveraged loans and the upper mid-market possess worrying features, there remain compelling opportunities off the beaten path, finds Andrew Hedlund.

European deals to look out for in 2019

With record amounts of capital to deploy, managers are eyeing opportunities on the continent. We examine some of the potential areas of focus and how the market differs across the Atlantic.

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