TH Lee Unveils $500M Credit Fund

Sep 18 2007 | 2:46pm ET

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.


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Opportunities Ahead: Asian Fixed Income and Currency Markets

Apr 24 2015 | 6:18am ET

For hedge funds focusing on Asia, the policy uncertainty, unclear interest rate...

 

Editor's Note