Private equity giant Thomas H. Lee Partners has become the latest alternatives firm to make a run at the troubled credit markets with a new offering.
The Boston-based firm’s THL Credit Group has raised $500 million in equity and financing commitments for its new THL Credit Partners. The credit fund will invest in a wide variety of securities, utilizing leveraged finance, structured credit and minority equity transactions.
Based in Boston, THL Credit also has offices in Houston and Los Angeles.
Genna GarverBy Genna Garver, John Brunjes, and Cheri Hoff of Bracewell & Giuliani -- On Oct. 27 the Private Fund Investment Advisers Registration Act of 2009 (H.R. 3818) moved one step closer to becoming law with the 67-1 approval of the U.S. House of Representatives Committee on Financial Services (the "Bill"). More...
Investors this week announced the formation of NewWorld Capital Group, a private equity firm that will invest in middle-market companies and related infrastructure projects in the cleantech sphere. More...