Home North America

North America

Goldman Sachs raises $4.4bn of deployable capital for senior debt

The financial behemoth is the single largest investor in the fund, which is the latest in the Broad Street series.

Charting the growth of Owl Rock’s BDCs

The firm has grown quickly since it was founded a little more than three years ago and now has two BDCs that manage much of its capital.

Basis Investment Group closes first fund on $410m – Exclusive

The New York-based firm will target a variety of debt strategies with the oversubscribed vehicle.

The zombie investments have risen

While many funds wrap up cleanly, a lot don’t, and lenders are left to navigate how to deal with leftover loans and investor commitments.

FS KKR ramps JV and asset-based investments, trims equity positions

The BDC’s asset-based investments are targeting an unlevered gross return in the mid-teens, with commitments made in the first quarter to an aircraft leasing company and a mortgage lender.

Barings BDC, South Carolina Retirement System launch JV to invest in corporate, real estate...

The partnership will see a geographic mix across the US and Europe, which will let BBDC access investments with different levels of yield.

Hercules elevates two investment pros to lead life sciences, tech groups

The firm also reported its first quarter earnings, which listed its largest portfolio ever at $2.15bn.

Clearlake eyes final close for its latest special situations fund

Clearlake Opportunities Partners Fund II is targeting $1bn, double its $500m target from Fund I.

4 takeaways from InterGrowth 2019

The borrower-friendly market was the source of many observations at the annual gathering of private equity professionals, private credit managers and service providers in those industries.

Credit fundraising for Ares driven by CLO activity

The firm pushed its AUM up to $136.7bn on the back of another quarter of robust fundraising.
pdi
pdi

Copyright PEI Media

Not for publication, email or dissemination