Picking The Right Technology For A Bulletproof Risk Appetite Statement

In the second installment of a two-part series, Suzanne Konstance of Wolters Kluwer Compliance Solutions outlines some of the technological tools lenders can use to improve risk assessment and mitigation.

December 21, 2022 Suzanne Konstance | Wolters Kluwer Compliance Solutions Markiesha Thompson

How Does a Business Deal with Inflation in 2022?

Inflation has been on the rise for years, but it really surged in 2021 and will continue in 2022, creating an operating environment not seen since the early 1980s. However, inflation can’t be an excuse for poor business performance, particularly when there are strategies to find a successful way forward.

January 24, 2022 Focus Management Group | Inflation | Juanita Schwartzkopf Phil Neuffer

Ares Management Completes $13.34B European Direct Lending Fund

Ares Management, a global alternative investment manager, closed its fifth commingled European direct lending fund, Ares Capital Europe V (ACE V), at €11 billion ($13.34 billion). According to Ares, this represents the largest European direct lending fund raised to date.

April 29, 2021 Ares Management | Blair Jacobson | Kipp deVeer | Michael Dennis Phil Neuffer

GoldenTree Closes $483.7MM European CLO

GoldenTree Loan Management II and its affiliated investment manager, GoldenTree Asset Management, closed a €402 million ($483.70 million) collateralized loan obligation to be managed by GLM II.

April 19, 2021 Barclays | GoldenTree Asset Management | Morgan Stanley | Wells Fargo Securities Phil Neuffer

Ares Pays $1.08B for Landmark Partners

A subsidiary of Ares Management entered into a definitive agreement with a subsidiary of BrightSphere Investment Group and Landmark Investment Holdings to acquire 100% of Landmark Partners. The transaction is valued at $1.08 billion.

April 2, 2021 Ares | Ares Management | BrightSphere Investment Group | Credit Suisse Securities | Goldman Sachs | Kirkland & Ellis | Landmark Investment Holdings | Landmark Partners | Morgan Stanley | RBC Capital Markets Ian Koplin

Guggenheim Makes Changes to Leadership Team

Guggenheim Investments appointed Dina DiLorenzo and David Rone co-presidents of the company and managing partners of Guggenheim Partners. In addition, Anne Walsh was named a managing partner of Guggenheim Partners and Jerry Miller was appointed vice chairman of the Guggenheim Investments board.

April 2, 2021 Alan Schwartz | Andrew Rosenfield | Anne Walsh | David Rone | Dina DiLorenzo | Guggenheim Investments | Guggenheim Partners | Jerry Miller | Mark Walter | Scott Minerd Ian Koplin

Horizon Launches Special Purpose Vehicle with Waterfall Asset Management

Horizon Technology Finance Management entered into an agreement with Waterfall Asset Management to originate and manage a venture debt portfolio. Horizon will originate and manage an initial commitment of $100 million, with the potential to increase to $300 million over time.

April 1, 2021 Daniel R. Trolio | Dechert | Horizon Technology Finance | Horizon Technology Finance Corporation | Horizon Technology Finance Management | Kramer Levin Naftalis & Frankel | Robert W. Baird & Co. | Waterfall Asset Management Ian Koplin

Annaly Sells Commercial Real Estate Business to Slate for $2.33B

Annaly Capital Management entered into a definitive agreement to sell its commercial real estate business to Slate Asset Management, a global investment and asset management firm focused on real estate. The transaction is valued at $2.33.

March 26, 2021 Annaly Capital Management | BMO Capital Markets | David Finkelstein | Evercore | Goodwin Procter | McCarthy Tetrault | Michael Quinn | Ropes & Gray | Slate Asset Management | Timothy Gallagher Ian Koplin

Oaktree Specialty Lending Completes Merger with Oaktree Strategic Income

Oaktree Specialty Lending closed its previously announced merger with Oaktree Strategic Income Corporation (OCSI), with Oaktree Specialty Lending as the surviving company.

March 22, 2021 Armen Panossian | Bruyette & Woods | Dechert | Keefe | Oaktree Fund Advisers | Oaktree Specialty Lending | Oaktree Strategic Income Corporation | Proskauer Rose | Stifel Company | Stradley Ronon Stevens & Young Phil Neuffer

Ares Closes $3.7B Pathfinder Alternative Credit Fund

Ares Management  closed its Ares Pathfinder Fund, L.P. With $3.7 billion in total commitments closed, the fund was significantly oversubscribed at its hard cap and exceeded its original target of $2 billion.

March 16, 2021 Ares Alternative Credit | Ares Management | Ares Pathfinder Fund | Joel Holsinger | Keith Ashton | Kipp deVeer | L.P. Rita Garwood