BDC manager Medley makes big hire to marketing team4 years ago
Middle-market lender Medley has made a big-name hire to its marketing team in New York
BDC makes first move into CLOs after purchasing equity in GSO deal4 years ago
A business development company, now led by a sizeable structured credit investor, has made its first CLO investment.
Direct lender Crescent aims to launch its first BDC4 years ago
Crescent Capital is aiming to become the latest credit manager to launch a business development company, according to documents seen by Creditflux
BDC takes CLO warehouse position in large joint venture deal4 years ago
While most BDCs have been slowing down their CLO investment drive, one firm has entered into a large CLO joint venture
Fifth Street promotes two after senior official steps back from BDC4 years ago
Business development company Fifth Street Finance Corp (FSC) has announced leadership changes following the resignation of its chief executive officer Leonard Tannenbaum
BDC takes equity in Europe-friendly NewStar CLO4 years ago
NewStar Financial has announced that it has closed its latest middle-market CLO and that it received an anchor investment from its new strategic partner
Managers with BDCs talk up their CLO risk retention prospects4 years ago
Credit managers have been inundated with questions about how they plan on participating in the CLO market once risk retention is enforced in the US
BDC sells four control CLO positions and takes losses4 years ago
A BDC has been a big seller of controlling CLO equity in recent months and regulatory filings show that in disposing of certain CLOs, the business development company has realised losses.
American Capital restructures its business and creates two new BDCs4 years ago
American Capital yesterday announced that it is splitting its business into three companies.
Apollo fund makes investments in recent mid-market CLOs4 years ago
An unusual fund has been making investments in the CLO space this year
Apollo vehicle sells CLOs to crystalise gains5 years ago
An Apollo vehicle cut its allocation to CLOs in the first quarter of this year
Alcentra raises $100 million for new BDC5 years ago
Alcentra has announced that it has raised $100million after completing the initial public offering for a new business development company, Alcentra Capital Corporation
Mid-market lender makes quick-tempo hire after recent departures5 years ago
A middle-market credit firm has brought in another professional to its team in New York
Control CLO buyer adds diversity with $66.5 million of investments5 years ago
A control CLO equity buyer continues to diversify its CLO portfolio by backing small-scale managers
Want all the latest news, comment, analysis and data?