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Goldman Sachs locks down almost $10bn for mezzanine fund

Goldman Sachs has done it again – raising the largest mezzanine fund ever and breaking its own record in the process, according to PDI data. The storied New York-based investment bank has collected $9.9 billion for its GS Mezzanine Partners VII, which, with leverage, will give the firm $13 billion to deploy. Its latest vehicle […]

2018 awards: Time short for submissions!

With just a few days to go to the deadline, please remember to send us your highlights of the year to date.

TCPC to lower fees when it increases leverage

The BDC will lower its incentive fees and hurdle rate next year to stay “fee-friendly”.

VIDEO: How to achieve ‘less blood in wartime’

Turnaround specialist Richard Thomson insists it is possible to achieve 'amazing outcomes' from 'scary' deals if you get your priorities right, in this two-minute video.

AXA makes further strides into the US market with $9.4bn Quadrant deal

The French firm has acquired a real estate debt portfolio in the country and a 24-member investment team as it expands its global strategy to deploy capital.

GSO pulls in billions for new direct lending platform in Q3

The firm’s performing credit strategies have returned 9.4% for the last 12 months, significantly outperforming its distressed strategies, which have returned 4% over the same period.

WATCH: ‘Beware leverage deep in the structure’

Increased leverage deep in the capital structure will cause problems for those firms unable to fix problems, maintains GSO's Dwight Scott in this video shot at the PDI New York Forum.

Time to start contemplating tomorrow’s nightmare

It’s pointless guessing when the benign credit cycle will end, according to those on stage at our New York Forum – but it’s imperative to be prepared.

African mezzanine deal makes 35% return

Vantage Capital delivered the profit from its investment in South Africa’s New GX Capital, and has so far delivered a 2x money multiple across its three mezzanine funds.

Arizona pension funds consistently outperform benchmarks

The funds for state workers and police and fire personnel have each posted strong returns and were among the earlier adopters of the private credit asset class.

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