Private Equity
Tikehau Capital has appointed Olga Kosters as head of private debt secondaries. Prior to joining Tikehau, Kosters advised large institutional investors on the U.S. private credit strategies while at StepStone Global.
2 min read · 07 November 2019
Arcmont Asset Management has launched its private debt business following being spun off by BlueBay Asset Management. Arcmont is backed by Dyal Capital Partners.
4 min read · 05 November 2019
Golub Capital has provided a $1.6 billion loan to back the refinancing of Risk Strategies, an insurance broker. Risk Strategies is a portfolio company of Kelso & Company.
3 min read · 05 November 2019
AerFin Holdings has secured an $80 million credit facility from CIT Group Inc. AerFin is a provider of aircraft end-of-life services and aftermarket support solutions to the aviation industry.
2 min read · 05 November 2019
AGL Credit Management LP, a private credit investment firm, has closed its inaugural collateralized loan obligation fund at $454 million. AGL CLO I invests in senior floating rate broadly syndicated loans across various industries.
2 min read · 04 November 2019
Oxford Finance LLC has provided a loan to a Skyway Group portfolio company that will be managed by Mission Health, a provider of senior living and skilled rehabilitation communities. The financing will be used to acquire 15 skilled nursing facilities in Kansas. No financial terms were disclosed.
2 min read · 24 October 2019
LBC has provided credit facilities to support the refinancing of Sciens Building Solutions and its acquisition of Mount Dora, Florida-based SmartWatch, a security, fire alarm and sound integrator serving Orlando and the Central Florida area. No financial terms were disclosed. San Francisco-based Sciens Building Solutions is a portfolio company of Huron Capital.
2 min read · 24 October 2019
Crestline Investors Inc has provided a $100 million facility to DelGatto Diamond Finance. Based in New York, DelGatto is an institutional diamond finance company.
2 min read · 23 October 2019
Plano, Texas-based Aligned Energy, a data center provider for cloud, enterprise and managed service providers, has secured a $495 million credit facility. The investors included Goldman Sachs Bank USA, CPPIB Credit Investments Inc, a subsidiary of the Canada Pension Plan Investment Board, and an unidentified investment management corporation. Dechert LLP served as legal counsel to Goldman Sachs USA; Arnold & Porter represented CPPIB Credit on the financial transaction while Cooley LLP represented Aligned Energy. The capital will be used for growth and expansion.
3 min read · 22 October 2019
New York-based Finitive, a financial technology platform providing institutional investors with direct access to alternative lending investments, has secured $2 million venture debt from Silicon Valley Bank. The capital infusion will be used to further invest in Finitive's technology platform.
3 min read · 21 October 2019