Direct Lending Archives

New Mountain Capital Closes $1.15B Direct Lending Fund

New Mountain Capital, which manages more than $35 billion across private equity, credit and net lease real estate, closed its latest direct lending fund, New Mountain Guardian III BDC, with approximately $1.15 billion of capital commitments from investors.

October 21, 2021 John Kline | New Mountain Capital | New Mountain Finance Corporation | New Mountain Guardian III BDC | Steve Klinsky Ian Koplin

Golub Capital Arranges $1.235B in Syndicated Loan Facilities

Golub Capital acted as left lead arranger, administrative agent and joint bookrunner on an $810 million syndicated loan facility to support the acquisition of Rough Country by TSG Consumer Partners and on a $425 million syndicated loan facility to support the acquisition of Confluence Technologies by Clearlake Capital.

Owl Rock Capital Appoints Lamm CFO and COO

Owl Rock Capital, an indirect subsidiary of Blue Owl Capital, appointed Jonathan Lamm CFO and chief operating officer, effective Sept. 1.

August 4, 2021 Alan Kirshenbaum | Blue Owl Capital | Craig W. Packer | Jonathan Lamm | Owl Rock Capital Ian Koplin

Hercules Capital Surpasses $1B Milestone in Annual Debt & Equity Commitments

Hercules Capital, a specialty financing provider to venture, growth and established stage companies backed by venture capital and select private equity firms, has originated more than $1 billion year-to-date in annual total debt and equity commitments for the fourth consecutive year.

August 3, 2021 Hercules Capital | Scott Bluestein Ian Koplin

Ares Management’s Credit Group Closes $9B in Transactions in Q2/21

Funds managed by Ares Management’s credit group closed approximately $9 billion in commitments across 77 transactions during Q2/21 and approximately $21.8 billion in commitments across 221 transactions in the 12-month period ended June 30, 2021.

Antares Provides Nearly $11B in Financing Commitments in H1/21

Antares closed 139 transactions totaling almost $11 billion in financing commitments to middle-market, private equity-backed companies in the first half of 2021.

Pemberton Hires Ewing as Managing Director for North American Region

Pemberton, a European private credit manager, hired Sanford (Sandy) Ewing as a new managing director for the firm’s business development team. Ewing will support Pemberton’s international expansion and joined the company to cover the North American region.

July 27, 2021 Pemberton | Sanford ‘Sandy’ Ewing | Scott Hamilton | Symon Drake-Brockman Ian Koplin

H.I.G. Whitehorse Provides Refinancing Package to Group Hospitalario Recoletas

H.I.G. WhiteHorse, a credit affiliate of global investment firm H.I.G. Capital, arranged a refinancing package for Grupo Hospitalario Recoletas (Recoletas). The package includes a significant growth capital component.

July 26, 2021 Amando J. Rodríguez | Grupo Hospitalario Recoletas | H.I.G. WhiteHorse | Ignacio Blasco Ian Koplin

Pemberton Launches Wealth and Asset Management Solutions Initiative

Pemberton, a European private credit manager backed by Legal & General Group, launched Pemberton Wealth & Asset Management Solutions. This new initiative is aimed at providing access to private debt opportunities in Europe to wealth and asset managers and their clients.

July 20, 2021 Michele Baldessarini | Pemberton | Pemberton Wealth & Asset Management Solutions | Symon Drake-Brockman Ian Koplin

H.I.G. WhiteHorse’s New Direct Lending Fund Reaches $1.65B in Capital Commitments

H.I.G. WhiteHorse closed its latest direct lending strategy, H.I.G. WhiteHorse Direct Lending Fund – 2020. The fund closed with aggregate capital commitments of approximately $1.65 billion.

Category: Direct Lending