Private Equity Firms are Proving Big Buyers of European Real Estate Loans
Mount Street Loan Solutions LLP is doing a roaring trade. The London-based firm has gone from five to 30 employees in two years. Its assets under management have doubled to £11 billion ($17 bi...pr
Podcast 26: Brendan Ross of Direct Lending Investments
I talked with Brendan about his fund, small business loans in general as well as his thoughts on the p2p lending space in general. In this podcast you will learn:...
Sears Borrowing $400M From Affiliates Of Eddie Lampert's Hedge Fund
Less than one year after Sears Holdings borrowed a $1 billion loan, the struggling retailer is in need of yet another cash infusion...
Summit Partners Raises $1B for Loans to Mid-Size Companies
Tom Roberts, managing director at Boston private equity firm Summit Partners, sees plenty of opportunity for the firm's new $1 billion fund that will lend to middle-market companies....
PayPal Co-Founder Max Levchin Raises $45 Million for Online Lending Startup
Rather than rely on FICO credit scores, Affirm calculates the risk of borrowers based on a range of personal data including information gleaned from social-media profiles as well as the cost of the items being purchased. It then determines what rate and structured payment makes sense to offer the customer.
Loan Star, Cerberus Push 2014 European Property Loan Sales Up 65%
European property-loan sales will rise 65 percent to a record 50 billion euros ($69 billion) this year as improving economies in the region prompt investors to set aside more money for deals, Cushman & Wakefield Inc. said.The broker raised its forecast by 25 percent after transactions so far this year reached 29.8 billion euros, almost equal to all of 2013...
Investors snap up shipping loans as global economy lifts trade prospects
There have been a flurry of deals in recent months for ship
finance loans, many of which are being put up for sale by banks
under pressure to boost their capital in order to adhere to new,
stricter i...
Financing for Eddie Bauer Buyout Gets Delayed
Goldman signed on as the sole underwriter of a bridge loan backing the takeover deal, which was announced this month. The bank plans to offload the loan in pieces to investors, as underwriters do in ...
Italy's Banks Reorganize and Send Non-Performing Loans to Private Equity Group
UniCredit, Italy's largest bank by assets, has sold €700m of non-performing loans to specialist private equity group AnaCap Financial Partners – joining a trend of Italian banks seeking to offload the...
Highland Capital raising two new loan funds
Dallas-based Highland Capital Management is raising a two new hedge fund to invest in bank loans. Since September 1, 2013, the first fund has raised $35.3 million so far between 4 investors.