Credit and real estate investment major Angelo Gordon & Co has launched a new loan investment unit with more than $800m under management. The post Angelo Gordon launches new $800m unit to target growing private
StepStone Group has beaten its $1bn goal for its new senior corporate lending fund by reaching a $1.3bn final close. The post StepStone leaps past second corporate lending fund target with $1.3bn final close first
Lower-mid-market direct lending firm Freeport Financial Partners has soared past its target for its latest fundraise to give it $1.5bn of firepower at final close. The post Moelis’ Freeport Financial levels up with $1.5bn of
Rothschild & Co. has held a €1.4bn final closing for its third European direct lending fund. The raise means the firm has hauled in more than €2bn of new capital in four months, including closing
Nordic Capital has bought and merged two of the Scandinavia region's online comparison sites for personal finance, Sambla and Advisa.
Former TPG credit arm Sixth Street Partners is out raising up to €1bn for a new direct lending fund as it looks to profit from market conditions caused by the Covid-19 crisis.
CVC Credit Partners has collected €379m for its fifth CLO fund raised in as many months.
Thomas H Lee Partners' former alternative credit business has closed its first fund since being bought by First Eagle Investment Management last December.
UK-based education loan platform Knoma has reportedly raised £21m in a funding round comprised of both debt and equity.
Retirement planning company Lendtable has secured $3.5m in a seed funding round to support its continued development.
Private equity firms are using portfolio company loans to pay themselves dividends at the highest ratio in five years as demand for corporate debt soars amid the coronavirus crisis.
Antares Capital Advisers has hit a final close for its inaugural senior loan fund to give the vehicle about $3bn of asset purchasing power.
Asia-focused alternative asset manager PAG has reportedly hit a $1.5bn final close for its fourth loan fund, just two years after closing its predecessor fund in the strategy.
The UK government is reportedly searching for a way to offer state-backed loans to debt-heavy private equity-backed businesses to bolster struggling high street retailers, the FT has said.
Private equity firms remain bullish on their portfolio investments despite the widespread chaos caused by the coronavirus crisis, new research suggests.
The $42.3bn-managing Illinois Municipal Retirement Fund has agreed a trio of new private equity commitments worth $125.
The private equity arm of Goldman Sachs is reportedly eyeing up to $17bn across a pair of new fundraises targeting private debt and special situations investments.
Adams Street Capital Partners has reportedly pulled in almost $1.1bn for an interim close of its new private credit fundraise.
Investcorp has hit a €250m final close for its second CLO fund of the year to bring its total assets under management in the asset class to more than €7bn.
Special situations-focused private equity investor Intriva Capital has backed UK consumer credit and peer-to-peer lending business Lending Works.
