Rachel McGovern
The NYSE-listed alternative investment manager reported a steep year-on-year fall in fourth quarter economic net income. The firm’s share price has fallen from around $24 per share a year ago to trade at under $13 per share this week.
.jpg "Black Toro launches Fund II with cornerstone investment")
The Spanish-focused debt and equity provider has launched its second fund with a €350 million target. Existing investor Allstate Investments has come back in as cornerstone investor in the new fund.
.jpg "Investec closes debut African credit fund on $226.5m")
The firm described the fund as the “first dedicated African credit and debt capital markets fund of its kind globally”.
.png "Channel Islands receive blessing for AIFMD passport")
In a hotly anticipated decision, the European Securities and Markets Authority issued an opinion suggesting a pan-EU marketing passport be offered to Guernsey and Jersey while requesting more time to review the regulatory regimes of the US and other major PE domiciles.
The Middle East-focused alternative investment firm will leverage its own fund commitments with the credit line
A record number of deals were signed by alternative lenders in the third quarter, according to Deloitte