Hints and tips:
...Rivals to HPS, including credit specialist Oaktree Capital, are raising billions of dollars for new private credit funds....
...Last week, Oaktree Capital co-founder Howard Marks told clients the group was trying to raise $10bn to fund loans for big buyouts....
...He made the introduction shortly after Brookfield acquired a controlling interest in Oaktree in 2019....
...The veteran investors, who have previously worked at companies including Howard Marks’s Oaktree Capital Management and VC firm Beringea, say they have spotted a gap in the market and plan to make average...
...It provided funding for the construction of the Knesset, the Supreme Court and the new National Library building, completed last year....
...Read more on the new company which will be led by a former Oaktree Capital executive. 3....
...Take Oren Peleg and Eyal Malinger, veteran investors who have previously worked at companies including Oaktree Capital Management and venture capital firm Beringea....
...Low interest rates had supported lofty valuations and funding, until now....
...The new funding will go toward helping roll out the first clinical trials of the new technology....
...A commerce department official told the FT that the initial fund of $39bn could be leveraged to $75bn in federally supported funding....
...It bought their debt and exchanged it for new, more senior loans and $200mn in extra funding for its ailing business....
...He joins from Oaktree Capital Management. Citi has named Reto Faber as head of securities services for Europe, the Middle East and Africa....
...When rates rise and the value of assets fall, the low-cost deposit funding becomes more valuable....
...Vedanta borrowed $400mn from Howard Marks’ Oaktree Capital Group in 2020....
...Any interested parties looking for funding will have plenty of options....
...Inclusive of preferred equity financing and its newly formed credit fund, 17Capital is willing to provide funding of about 50 per cent of a fund’s net asset value, said de Selancy....
...In February last year, Suning rushed to raise new financing to plug the funding gap at Inter caused by the coronavirus pandemic, resulting in a $275mn loan from distressed debt specialist Oaktree Capital...
...This includes investment in the 2021 bankruptcy exit financing of Hertz as well as in funding companies going public through blank cheque companies, as well as in pre-IPO companies....
...Chinese borrowers defaulted on a record $13.3bn in offshore bonds last year, according to Bloomberg data, sharply constraining a crucial US dollar funding channel for Chinese property developers....
...Last year, it raised €750mn from Goldman Sachs, Temasek, Bain Capital Credit, Crestline, and Oaktree. Christ said the company’s current debt amounts to just over €1bn....
...cryptoland How a 20-year-old student made $110mn riding the meme stock wave Bridgewater’s return to co-CEO model rekindles management concerns Carlyle: the buyout pioneer in need of a CEO Lunch with the FT Oaktree...
...“I don’t think people really understood the liquidity risk, which is very different from the funding risk.”...
...The global glass ceiling From Singapore to Silicon Valley, women-led start-ups are raising staggeringly less funding at lower valuations, despite pulling in big returns....
...Oaktree captures Evergrande’s Castle We imagine that no two days are alike for a distressed debt fund manager at Oaktree Capital Management....
...Last March, it announced €750mn in funding from Goldman Sachs, Temasek, Bain Capital Credit, Crestline, and funds managed by Oaktree Capital Management, bringing its financing total to around $1bn....
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