Oliver Smiddy

ICG launches Australian senior loans business

Intermediate Capital Group has hired the National Australia Bank’s Matthew Turner to lead its new Sydney-based, Australia-focused senior loans business.

The case for private debt

PEI's forthcoming sister title, Private Debt Investor, chaired a roundtable hosted by ICG in London just over a month ago to discuss the burgeoning market for alternative debt financing providers.

Metric holds second close en route to €300m goal

Metric Capital Partners, a private debt fund manager founded in 2011 by former Towerbrook and UBS executive John Sinik, is nearing the finishing line for its first fundraising.

Silver Lake seals biggest post-Lehman buyout

Technology behemoth Microsoft has provided one of the biggest ever mezzanine loans to fund US buyout group Silver Lake’s record-breaking, $24bn buyout of Dell.

Debt: into the void

Figures suggest that sponsors are starting to look to alternative sources of credit as banks continue to pull in their horns

AXA Private Equity seals €510m spin-out

AXA Private Equity, an active provider of unitranche financing recently in tandem with its buyout activities, has agreed to spin out from its insurer parent in a deal valuing the firm at €510m.

Bayside rounds up $1bn for European debt

The HIG Capital credit affiliate's third European fund will tap into both primary and secondary markets in targeting SME debt.

LBO France hands Terreal keys to lenders

Restructurings in France are seldom easy, but Park Square and ING managed to achieve consensus amongst fellow lenders, shareholders and management.

KKR’s maiden maritime vehicle sets sail

The firm’s mid-market merchant banking JV, which is backed by CPPIB and Stone Point, helped to arrange some of the $580m in initial capital for the maritime financing vehicle.

Lloyds bolsters acquisition finance team

The former Morgan Stanley banker Eric Jenkins will report to David Whiteley.