Private Equity
GoldenTree Loan Management has closed its third European collateralized loan obligation at 402 million euros. Barclays served as structuring lead for the CLO while Citigroup and Morgan Stanley acted as co-leads. Goldman Sachs and Wells Fargo Securities were placement agents.
2 min read · 05 September 2019
Maranon Capital LP, which is focused on private credit investments, has named Tom Kinzer as an associate. Also, Maranon has hired Raiq Ahmed and James McElenney as analysts.
2 min read · 05 September 2019
Angelo Gordon, an alternative investment firm focused on credit and real estate investing, has named Michiel von Saher as a managing director to the firm's performing credit team. Saher is based in London. Previously, Saher was a former managing director and head of the European credit research team at PGIM Fixed Income.
3 min read · 04 September 2019
Investcorp has acquired a majority stake in CM Investment Partners LLC, an external investment adviser to Investcorp Credit Management BDC Inc. No financial terms were disclosed.
4 min read · 03 September 2019
Mexico-based Credijusto, which offers asset-backed loans and equipment leases to small and medium-sized businesses, has raised $42 million in Series B financing. Point72 Ventures and Goldman Sachs PSI lead the round.
1 min read · 29 August 2019
Brookside Mezzanine Partners has provided mezzanine debt and an equity co-investment to support Branford Castle Partners' acquisition of ABC Industries. No financial terms were disclosed. Based in Warsaw, Indiana, ABC is a provider of flexible ventilation solutions and technical fabrics.
1 min read · 27 August 2019
Santa Monica, California-based Fair, a vehicle subscription app, has secured a $100 million debt facility and equity investment from Ally Financial. The capital will be used to help Fair secure vehicles for entry-level car customers who might not otherwise qualify for a traditional loan or lease.
4 min read · 27 August 2019
Satori Capital said Aug. 26 that it increased its investment in Cicero Capital Partners LLC to $30 million from $20 million. Cicero Capital, of Columbia, Maryland, manages a portfolio of commercial mortgage-backed securities and other commercial real estate structured opportunities.c
3 min read · 27 August 2019
San Francisco-based ZeroDown, which helps customers own a home without making a down payment, has secured more than $100 million in debt funding from Credit Suisse. ZeroDown's backers include Sam Altman and Goodwater Capital.
2 min read · 26 August 2019
Comvest Credit Partners is seeking to raise $1.25 billion for its fifth fund, according to an SEC filing. Comvest Credit focuses on providing flexible financing solutions to middle-market companies.
1 min read · 22 August 2019
