Tuesday, 23 September 2014
Last updated 4 hours ago
Mar 15 2013 | 12:37am ET
Olympus Capital Holdings Asia has launched a new structured lending business.
The Hong Kong-based private equity firm's OCA Credit unit will focus on mid-sized companies in Asia, the firm said yesterday, offering financing to businesses unable to secure it from banks but unwilling to seek private-equity capital. Geographically, OCA will target companies in Southeast Asia, India and Australia.
Loans from OCA will range from US$20 million to US$100 million, with maturities of between two and three years.
Olympus has hired former Barclays banker Nitish Agarwal to serve as chief investment officer of OCA Credit, based in Singapore, and Shearwater Capital founder and former Fortress Investment Group Australia chief Gary Stead as managing director. Stead will remain based in Australia.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.