Carmela Mendoza
Carmela Mendoza is a senior reporter for Private Equity International. Based in PEI Media’s London office, she covers Asia-Pacific and Europe for both PrivateEquityInternational.com and PEI magazine. A graduate of Ateneo de Manila University, Carmela joined PEI in 2015 from a digital agency in Singapore where she worked on government websites and publications covering business, trade and industry, transport, and social development. She can be reached at carmela.m@peimedia.com.
As deploying capital gets harder, lenders and lawyers are turning to hybrid structures that blend sub-line mechanics with parallel vehicles and squeezing more leverage out of uncalled commitments.
The firm's US buyout strategy distributed capital at more than double the industry rate, chief executive Harvey Schwartz noted on the firm’s latest results call.
The firm began raising capital for its latest flagship, which has a target of $22bn-$25bn, in February.