NEW YORK (LPC) - Goldman Sachs Merchant Banking Division (MBD) is seeking up to $17 billion for private credit investments for senior debt financings and special situations transactions, according to documents from Connecticut's state pension plan.
NEW YORK, Jul 9 (LPC) - Private credit firms are requiring
their borrowers maintain a strong liquidity cushion as the
coronavirus pandemic forces middle market companies to wrestle
with spiking leverage levels and falling profits.
NEW YORK (LPC) - Private equity firm Blackstone Group LP's credit arm GSO Capital Partners is seeking U.S. $7.5 billion (5.98 billion pounds) for its fourth subordinated debt vehicle, according to investor notes from the Teachers’ Retirement System of Louisiana.
NEW YORK, Jul 6 (LPC) - Private equity firm Blackstone Group
LP's credit arm GSO Capital Partners is seeking US$7.5bn for its
fourth subordinated debt vehicle, according to investor notes
from the Teachers’ Retirement System of Louisiana.
NEW YORK, June 2 (LPC) - The New Mexico State Investment
Council (SIC) fund is offering financing to in-state businesses,
an alternative to federally funded loans for small and mid-sized
companies that are heavy in requirements and often reserved for
NEW YORK, April 16 (LPC) - Business development companies
(BDC) feeling the squeeze from the economic shutdown caused by
the coronavirus pandemic are likely to pass that pressure onto
shareholders over the next two quarters through dividend cuts.
NEW YORK, April 7 (LPC) - In the years that followed the
global financial crisis, private debt managers added myriad
strategies to their product suite, including niche ones like
aircraft investing, an industry now at the epicenter of the
fallout from the coronavirus pandemic.
NEW YORK, March 27 (LPC) - Business development companies
(BDCs) are seeking to reassure their investors as they face a
one-two punch from the coronavirus pandemic and fears of a deep
recession rattle the US.
NEW YORK, March 25 (LPC) - Banks that lend to small to
medium-sized businesses are looking to add a baseline to Libor,
the benchmark interest rate they make loans against, a move that
would ensure the financial institutions a minimum income on the
NEW YORK, March 11 (LPC) - Private credit funds face a
challenging fundraising environment, as investors grapple with a
potential decline in portfolio values while the coronavirus
outbreak tests the solidness of a market that has yet to
experience a significant shakeup.