Sunday, 29 March 2015
Last updated 1 day ago
Nov 22 2013 | 8:04am ET
Paris-based Tikehau IM, a credit-oriented investment manager, has launched a pan-European leveraged loan vehicle.
The FCT Tikehau Corporate Leveraged Loan Fund, which started operations in November, will target senior secured loans to private equity-sponsored companies (mostly European) in support of buyout, expansion and capitalization deals.
The fund is the latest offering from the Tikehau Group's €2.3 billion credit investment manager platform.
Tikehau said the fund's first closing enjoyed “strong traction amongst European institutional investors” but did not reveal the total raised.
Said Mathieu Chabran, co-founder and CIO of Tikehau IM, in a statement: “The launch of this new fund reaffirms Tikehau Group's commitment to being a leading participant in the leveraged loan markets at a time of renewed sponsor-driven buy-out activitiy. Leveraged loans are an increasingly popular financial instrument for investors, considering they are senior, secured and provide floating rate exposure.”
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…