Managers

AIP hires two to run distressed credit strategy

American Industrial Partners recently raised its sixth fund that included its first-ever bucket for credit investments.

CalPERS inks $255 mln for funds, co-investments in August

CalPERS expected to close sale of $1 bln private equity portfolio

LP Scorecard: New Mexico ERB collects nearly 20 pct of total distributions in last six months

Middle-market lenders: Unitranche club deals now more common

Arsenal Capital reaches first close on $1.25 bln Fund IV

ACON goes bigger with fourth flagship fund

Majority of LPs say restructurings pose conflict of interest

Almost half of GPs surveyed by Palico agreed that restructurings deserve more regulatory scrutiny.

Electra: Turnout is crucial in shareholder vote

The vote by Electra shareholders on resolutions from its largest shareholder Sherborne Investors for two seats on the board will be close and depend on turnout, analysts say.

Searchlight nears $1.8 bln final close on Fund II