Boston Retirement System commits $20m to real estate debt
The US-based pension fund plans to commit $90m across various real estate strategies.
The US-based pension fund plans to commit $90m across various real estate strategies.
Monomoy reaches target for latest fund. Plus: monthly default rate eases; and Mosaic closes second SBIC. Here’s today’s brief for our valued subscribers only.
Recent bankruptcies have highlighted the need for extensive due diligence and, also, post-deal monitoring of risk in asset-based finance. Are relative newcomers to the space sufficiently equipped?
Co-president dispels speculation that controversial move to merge two BDCs might be reconsidered.
Private credit managers happy to extend loan holding periods may find new technologies will wait for no one.
The manager confirmed the OBDC and OBDC II merger is terminated and it will re-evaluate alternatives.
Is the problem a mark-to-model issue or the lack of a sound business plan by a mid-market concern?
The Washington-based government-related investment organisation is backing Allianz Global Investors.
Texas pension backs Arbour Lane distressed debt fund with $10m.
The firm’s first direct lending fund will focus on the less competitive, non-sponsored market.