Obra Capital, an asset management firm with a specialized approach to alternative investing, secured new funded and unfunded credit facilities. Proceeds from the new facilities were used to retire Obra’s existing publicly-syndicated debt and provide...
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August 23, 2024, 07:00 AM
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Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced the final close of its Stonepeak Opportunities Fund (the “Fund”). Following strong investor demand, the Fund was meaningfully oversubscribed...
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August 07, 2024, 07:50 AM
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Ares Management Corporation announced the final closing of Ares Senior Direct Lending Fund III (“SDL III” or the “Fund”). With total equity commitments of approximately $15.3 billion, SDL III was oversubscribed relative to its initial target of $10.0...
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July 31, 2024, 08:05 AM
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MidOcean Partners, a New York-based alternative asset manager specializing in middle-market private equity, structured capital, and alternative credit investments, closed its third opportunistic credit fund, MidOcean Tactical Credit Fund III (the...
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June 14, 2024, 07:29 AM
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Leste Group, a global alternative investment manager, announced the appointment of four executives to its senior team to support the firm’s growing North America private equity and real estate credit strategies.“Leste is continuing to prove itself as...
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March 27, 2024, 09:02 AM
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Värde Partners, a global alternative investment firm specializing in credit and credit-related assets, announced that it committed $1.3 billion across its asset-based lending and diversified private credit platform in 2023. These investments...
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February 14, 2024, 08:00 AM
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First Eagle Alternative Credit (“FEAC”) announced that President Chris Flynn plans to leave the firm in early 2025. Effective immediately, Flynn will share the title of FEAC Co-President with Jim Fellows, Chief Investment Officer of FEAC. Fellows...
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February 09, 2024, 07:14 AM
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Carlyle closed a $750 million senior secured debt financing for The Parking Spot, the largest near-airport parking company in the United States. The facility will support the refinancing of existing debt associated with a subset of The Parking Spot’s...
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February 05, 2024, 07:50 AM
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Stonepeak, an alternative investment firm specializing in infrastructure and real assets, today announced that Jack Howell and Luke Taylor have been named Co-Presidents of the firm, a promotion from their former roles as Co-Chief Operating Officers....
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January 02, 2024, 07:57 AM
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Vensure Employer Solutions, a leading provider of HR/HCM technology, managed services, and global business process outsourcing, announced that Stone Point Capital Markets, a division of Stone Point Capital, a private equity firm based in Greenwich...
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December 21, 2023, 07:58 AM
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Ares Management Corporation and Vinci Partners Investments Ltd. have reached an agreement to form a strategic partnership to accelerate the growth of Vinci's platform in Latin America and to collaborate on distribution, product development and other...
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October 11, 2023, 06:52 AM
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Värde Partners, a leading global alternative investment firm, announced it has raised nearly $1.5 billion for asset-based lending opportunities through The Värde Asset Lending Fund II and related accounts and co-investments. The firm received support...
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September 29, 2023, 08:10 AM
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Credit card and financial technology company Petal announced that it has closed a committed $200 million debt facility from Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit.Petal has also agreed to a...
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August 04, 2023, 07:41 AM
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Crescent Capital Group, a leading alternative credit investment firm, announced the closing of Atlas Senior Loan Fund XXI (“Atlas 21”), a collateralized loan obligation (“CLO”) fund with a target par amount of $350 million. Atlas 21 will invest...
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July 25, 2023, 07:00 AM
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Obra Capital, a specialized alternative asset management firm that provides investment products and solutions across insurance special situations, structured credit, asset-based finance, and longevity, announced that it has completed the acquisition...
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July 24, 2023, 07:31 AM
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Medalist Partners, an alternative investment management firm focused on private credit and structured credit, is pleased to announce the final closing of Medalist Partners Asset-Based Private Credit Fund III. The oversubscribed fund is closing with...
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June 29, 2023, 07:50 AM
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Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced that Michael Leitner has joined the firm as a Senior Managing Director. Based in the firm’s New York office, Leitner will help lead the...
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June 02, 2023, 07:30 AM
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Marathon Asset Management announced that Curt Lueker has joined the firm as Managing Director, to lead the firm’s sponsor coverage and direct lending business. In addition, Lueker will become a member of the firm’s Investment Committee. Lueker joins...
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March 28, 2023, 08:00 AM
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MetLife Investment Management (MIM), the institutional asset management business of MetLife, has completed its acquisition of alternative investment firm Raven Capital Management. Announced in February 2023, the transaction adds approximately $2.1...
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March 07, 2023, 07:55 AM
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Medalist Partners, an alternative investment management firm focused on asset-based private credit and structured credit, announced that industry veteran Mark Crawley has joined the firm as a Private Credit Sector Manager. With extensive experience...
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March 02, 2023, 07:40 AM
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BlueCove Limited, the London-based scientific fixed income manager, and Ares Management Corporation, a leading global alternative investment manager, have reached an agreement under which Ares will acquire a minority equity stake in BlueCove with...
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February 28, 2023, 07:30 AM
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H.I.G. Capital, a leading global alternative investment firm with $55 billion of capital under management, announced that Colin Hannaway has joined the firm’s Capital Formation Group as a Managing Director, based in New York City.Hannaway will be...
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February 27, 2023, 07:50 AM
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Crescent Capital Group announced the successful final close of its eighth private credit solutions fund, Crescent Credit Solutions VIII (“CCS Fund VIII”), raising $8 billion in investable capital, including targeted leverage and separately managed...
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February 27, 2023, 07:10 AM
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Hyland Hill Investment Partners, a value-oriented, alternative credit investment firm focused on acquiring small balance private loans in North America, closed its inaugural $250 million fund, Hyland Hill Fund I (the “Fund”). The Fund will seek to...
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February 15, 2023, 07:44 AM
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MetLife Investment Management (MIM), the institutional asset management business of MetLife, entered into a definitive agreement to acquire Raven Capital Management, a privately-owned alternative investment firm. As of December 31, 2022, Raven’s...
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February 08, 2023, 08:05 AM
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Summit Partners, a leading alternative investment firm, announced the promotion of 14 professionals across the firm’s global offices. Scott Ferguson, Paul Furer, Mark Nordstrom, Dayton Ogden and Sophia Popova have been promoted to Partner; Chris Bon...
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January 30, 2023, 08:00 AM
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Silver Creek Capital Management, an alternative investment boutique focused on developing unique investment solutions for institutional and sophisticated investors globally, announced that Jessica Hans has joined the Firm as a Managing Director. Most...
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January 17, 2023, 07:00 AM
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Angelo, Gordon & Co. announced that AG Twin Brook Capital Income Fund (“TCAP” or the “Fund”) has launched with more than $800 million in total assets. TCAP is a non-traded business development company (“BDC”) that has approximately $530 million in...
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January 06, 2023, 08:00 AM
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Fortress Investment Group was ranked as the 2nd fastest-growing brand among 50 alternative investment managers included in the second edition of the Alts 50 report, published by Peregrine Communications. The report provides a qualitative and...
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October 31, 2022, 06:00 AM
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Ares Management announced that it held the final closing of its Ares U.S. Real Estate Fund X, L.P. (“U.S. X” or the “Fund”) on September 30, 2022. U.S. X was oversubscribed with $1.8 billion of commitments relative to its $1.5 billion target and is...
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October 11, 2022, 07:52 AM
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Wafra Inc. (“Wafra”), a global alternative investment manager, announced that funds managed by Wafra have acquired a strategic minority ownership interest in Oak Hill Capital Partners (“Oak Hill” or “OHCP”), a middle-market private equity buyout firm...
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October 04, 2022, 07:35 AM
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H.I.G. Capital announced that Managing Directors Michael Mestel and Steven Schwartz have been promoted to Co-Heads of H.I.G. Realty Credit Partners. H.I.G. Realty Credit Partners has originated over $3 billion of loans in 33 investments since its...
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September 28, 2022, 07:58 AM
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First Eagle Alternative Credit ("FEAC" or “the Firm”), the $21 billion credit platform of First Eagle Investments, closed its fifth direct lending fund at over $1 billion in total available capital, including leverage (the “Direct Lending Fund V”)....
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July 28, 2022, 07:58 AM
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Oaktree and 17Capital announced the completion of Oaktree’s acquisition of a majority interest in 17Capital, as previously announced on March 9, 2022.
17Capital specializes in providing non-dilutive capital to high-quality private equity management...
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July 20, 2022, 07:47 AM
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Crayhill Capital Management closed a $100 million credit facility with Fort Amsterdam Capital, a New York-based, vertically-integrated real estate lender. The facility will be collateralized by both land and commercial real estate properties in the...
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July 19, 2022, 07:35 AM
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Victory Park Capital announced the final close of its latest fundraise for its Asset Backed Opportunistic Credit strategy (the “Fund”). The Fund is oversubscribed at $2.4 billion of committed and investable capital, including separately managed...
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June 14, 2022, 07:48 AM
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Castlelake, a global alternative investment manager with approximately 17 years of experience investing in asset-rich opportunities, announced that it has made a $150 million investment in Swedish specialty lender, IMH. The investment includes the...
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May 24, 2022, 07:00 AM
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H.I.G. Capital, a leading global alternative asset investment firm with over $49 billion of equity capital under management, announced that Stephan Madsen has joined the firm’s European Middle Market LBO team in London as a Managing Director focused...
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May 16, 2022, 07:35 AM
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Ares Management Corporation announced that funds managed by its Credit Group (collectively “Ares”) closed approximately $5.0 billion in U.S. direct lending commitments across 54 transactions during the first quarter of 2022 and approximately $35...
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April 28, 2022, 08:00 AM
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VOX Funding, an alternative finance company, closed a $40 million credit facility with funds managed by affiliates of Fortress Investment Group (“Fortress”). This 3-year term facility is expandable up to $75 millon and will be used to further VOX’s...
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April 27, 2022, 07:31 AM
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Castlelake, a global alternative investment manager with 17 years of experience investing in asset-rich opportunities, named Joe McConnell and Isaiah Toback as Deputy Co-Chief Investment Officers and Brad Farrell as Chief Operating Officer. Mr....
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April 01, 2022, 08:06 AM
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First Eagle Investments announced a definitive agreement to acquire Napier Park Global Capital. As an autonomous, wholly owned unit of First Eagle Investments, Napier Park will go to market as "Napier Park, a First Eagle Investments Company" and...
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March 31, 2022, 08:00 AM
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H.I.G. Capital, a leading global alternative investment firm with $48 billion of capital under management, announced the expansion of its dedicated Infrastructure team with the addition of Antonio Botija as a Managing Director in H.I.G.’s London...
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March 31, 2022, 07:51 AM
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Ares Management Corporation announced that new financing commitments made across its U.S. direct lending strategies more than doubled to $33.4 billion in 2021. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed...
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February 11, 2022, 08:05 AM
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Ares Management Corporation announced that industry veterans Sebastien Burdel and Luca Salvato are joining as Partners in the Ares Secondary Solutions Group. They will work alongside Ares’ existing teams in both New York and London to directly...
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January 10, 2022, 08:05 AM
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Hunter Point Capital (“HPC”), an investment firm focused on taking minority stakes in middle-market alternative asset managers, announced a strategic investment in Iron Park Capital (“IPC”), a global alternative investment manager with deep...
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January 07, 2022, 07:40 AM
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Audax Private Debt announced that Bradley Patton has joined as a Managing Director and will be overseeing Capital Markets for the Private Debt Origination platform. Based in New York, Mr. Patton will be responsible for leading capital markets and...
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January 06, 2022, 06:00 AM
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Urgently, a leading provider of digital roadside and mobility assistance services, secured up to $75 million in debt financing from certain funds managed by Highbridge Capital Management (“Highbridge”), Onex Credit and Whitebox Advisors, that will...
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December 28, 2021, 07:43 AM
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Ares Management Corporation raised $2.2 billion of dedicated climate infrastructure capital, comprising its inaugural Ares Climate Infrastructure Partners Fund (“ACIP” or the “Fund”) with approximately $1.4 billion in total raised, and $800 million...
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December 16, 2021, 07:52 AM
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Ares Management Corporation announced the final closing of Ares Senior Direct Lending Fund II (“SDL II” or the “Fund”). With total equity commitments of approximately $8 billion, SDL II was significantly oversubscribed relative to its initial target...
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December 13, 2021, 08:02 AM
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Oaktree Capital Management announced the successful final close of Oaktree Opportunities Fund XI and its related vehicles (“Opps XI” or “the Fund”), with total capital commitments of $15.9 billion. Opps XI is Oaktree’s largest fund in history...
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November 22, 2021, 07:57 AM
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Kafene, a fintech company bringing innovation to a key segment of the point-of-sale financing market, has secured $75 million in additional debt and equity to accelerate company growth. The package included a $50 million credit facility from Credit...
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November 19, 2021, 07:57 AM
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Yieldstreet, a leading multi-asset alternative investment platform, announced that Deloitte ranked it once again among the fastest growing technology companies in the U.S. as part of its annual Technology Fast 500 List. Yieldstreet is featured among...
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November 19, 2021, 07:40 AM
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Taylor Morrison Home Corporation, the nation's fifth largest homebuilder, and Värde Partners, a leading global alternative investment firm, have entered into a land banking facility agreement and agreed to a joint venture, opening more than $1...
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November 17, 2021, 07:06 AM
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H.I.G. Capital ("H.I.G."), announced that its affiliate, H.I.G. Realty Partners, has originated a loan to finance Pier 33 (the “Property”), a 286-unit, newly-developed, Class A, apartment complex located along the Cape Fear River in Wilmington, North...
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November 16, 2021, 07:14 AM
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Oppenheimer & Co. announced the launch of its new Global Fund Placement and Advisory Group ("FPA Group"). The FPA Group will provide services to leading alternative investment firms to help them fulfil their fundraising ambitions and strategic plans....
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November 15, 2021, 08:00 AM
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Castlelake appointed four team leaders as partners. The appointment of these partners reflects Castlelake's desire to elevate differentiated talent across the organization and continually optimize its leadership. The partners are:
Chris Buckley -...
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November 15, 2021, 07:14 AM
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Bioenergy Devco ("BDC"), the leading global developer of anaerobic digestion ("AD") facilities that transform organic waste into renewable energy and healthy soil products, secured $100 million in financing from funds managed by Irradiant Partners...
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November 11, 2021, 07:00 AM
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Ares Management Corporation provided details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $7.2 billion in...
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October 29, 2021, 08:06 AM
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Castlelake, a global alternative investment firm and experienced leader in aircraft investing, leasing and servicing, announced the creation of Castlelake Aviation Limited ("CA"), a corporate lessor of commercial aircraft that will finance a...
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September 30, 2021, 07:50 AM
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