Wednesday, 27 May 2015
Last updated 1 min ago
Jun 3 2008 | 10:58am ET
Barclays Capital has raised $1 billion for a private junior capital fund.
The firm’s principal credit investments division, Barclays Structured Principal Investing, may raise another $500 million for its inaugural fund, the Barclays Structured Principal Investing Fund.
BSPIF will make private junior capital investments of between $20 million and $150 million in North America, including uni-tranche, second lien, mezzanine debt, holding company notes, structured preferred stock and private equity co-investments.
“The introduction of the fund marks an important milestone in our contributing efforts to build a world-class leveraged finance platform,” Rick Van Zijl, co-head of U.S. leveraged finance, said. “The financing flexibility that the fund offers is an important value proposition for our clients.”
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…