18 results found Showing page 1 of 1
Repo market bumps heads with credit to suffer SOFR doubts14 days ago
The reliability of the Secured Overnight Financing Rate (SOFR) was called into question last month when it spiked to a level more than double its usual value.
Crescent BDC buys Alcentra BDC in $141.9 million transaction2 months ago
As part of the deal, the combined business development company will go public and charge lower management fees
Los Angeles pension appoints four managers for private credit mandate2 months ago
Los Angeles City Employees Retirement System (Lacers) has awarded four contracts for a $670 million private credit mandate search, according to minutes from the July investment committee meeting.
US pension replaces Cliffwater with Meketa4 months ago
Connecticut Retirement Plans and Trust Funds has selected Meketa as a consultant to oversee its opportunistic investments, which consists of direct lending and opportunistic credit investments, along with investments in hedge funds and real assets.
Los Angeles pension fund narrows down global direct lending search to four managers4 months ago
Los Angeles City Employees Retirement System (Lacers) has listed the finalists for a private credit mandate, according to an agenda document seen by Creditflux.
Cliffwater raises $135 million for interval fund geared towards direct lending4 months ago
Cliffwater has raised $135 million for an interval fund through which it will allocate to five sub-advisors
Crescent targets $1 billion for US unitranche fund6 months ago
Crescent Capital has held a first close for its Crescent Private Credit Partners Unitranche Fund
Direct lenders split over best way to manage loan restructuring6 months ago
Direct lenders are divided on how best to set up internally when dealing with loans that require restructuring. Some managers argue that a deal should be restructured via the original deal team
Crescent lands in US direct lending for second time with $1.6 billion fund10 months ago
Crescent Capital exceeded its $1 billion target size, hitting $1.6 billion for its second US direct lending fund
Crescent hires former NewStar official as managing director11 months ago
Crescent Capital Group has appointed NewStar Financial's former capital markets head as a managing director, the firm has announced
Crescent lands into European direct lending for the second time1 year ago
Crescent Capital Group is raising capital for its second European direct lending fund - Crescent European Speciality Lending Fund
Antares and Crescent win as Texas pension fund commits to direct lending1 year ago
The sky is the limit for direct lenders, with Texas County and District Retirement System committing $253 million to that market
West coast manager raises $600 million for upcoming direct lending fund2 years ago
Los Angeles-based Crescent Capital has launched a new direct lending product known as Crescent Direct Lending Fund II, which comes in both levered and unlevered forms and appears to have a $1 billion fundraising target
Fundraising specialist joins Antares in Chicago2 years ago
Antares Capital has announced that Greg Lawton has joined its team as a managing director in a capital-raising role
Texas pension fund stocks up on direct lending with $675 million allocation2 years ago
A US pension fund is clearly a big fan of direct lending strategies having hired two managers. It has now committed $1.2 billion to direct lenders this year
Marketing specialist joins Los Angeles manager after 10 years at PineBridge2 years ago
Market sources say that an experienced business development official has left PineBridge for another Los Angeles-based manager
Credit manager earns support for BDC as pension fund commits $100 million2 years ago
A Texas pension fund is backing a credit firm once again with a direct lending mandate
GSAM aims to buy shares in Crescent's zombie distressed debt funds5 years ago
Goldman Sachs Asset Management is aiming to buy shares in two legacy distressed debt funds managed by Crescent Capital, according to Bloomberg.
18 results found Showing page 1 of 1
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