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6 days ago | 
bloomberg.com | Olivia Fishlow |Ellen Schneider
(Bloomberg) -- From a custom tile maker to a funeral service provider, a number of companies financed by private lenders started showing signs of stress in the first quarter, according to recent results from business development companies. Market watchers say the trend is likely to accelerate as effects of the global trade war weigh on borrowers. Oaktree Specialty Lending Corp.
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1 week ago | 
news.bloombergtax.com | Olivia Fishlow
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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1 week ago | 
news.bloomberglaw.com | Olivia Fishlow
co-CEO said on Bloomberg TV that clients are discussing cutting their exposure to the US by up to 10% amid concern the Trump administration’s trade policies will damage the economy and investing environment.
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1 week ago | 
news.bloomberglaw.com | Gillian Tan |Crystal Tse |Olivia Fishlow
Private equity firm TSG Consumer Partners has agreed to take a minority stake in Crumbl, the fast-growing cookie and dessert chain, according to a representative for Crumbl. TSG is making the investment in the form of preferred equity in exchange for a minority stake in Crumbl, according to people with knowledge of the matter, who asked not to be identified discussing private information. Blackstone Inc.
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1 week ago | 
news.bloomberglaw.com | Olivia Fishlow
Hedge fund D.E. Shaw & Co. raised $1.3 billion in commitments for its latest private credit fund, which focuses on purchasing pools of risk from banks through strategies such as synthetic securitizations, according to a statement seen by Bloomberg News. The new vehicle, named D.E. Shaw Diopter Fund II, is double the size of its predecessor fund, which raised $650 million in 2022.
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1 week ago | 
bloomberg.com | Olivia Fishlow
The skyline of lower Manhattan Photographer: Spencer Platt/Getty Images(Bloomberg) -- Hedge fund D.E. Shaw & Co. raised $1.3 billion in commitments for its latest private credit fund, which focuses on purchasing pools of risk from banks through strategies such as synthetic securitizations, according to a statement seen by Bloomberg News. The new vehicle, named D.E. Shaw Diopter Fund II, is double the size of its predecessor fund, which raised $650 million in 2022.
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2 weeks ago | 
news.bloombergtax.com | Gillian Tan |Crystal Tse |Olivia Fishlow
Private equity firm TSG Consumer Partners is in advanced talks to invest in Crumbl, the fast-growing cookie and dessert chain, according to people with knowledge of the matter. TSG is discussing an investment in the form of preferred equity in exchange for a minority stake in Crumbl, said the people, who asked not to be identified discussing private information. Terms aren’t finalized and could still change, they cautioned.
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2 weeks ago | 
news.bloombergtax.com | Gillian Tan |Crystal Tse |Olivia Fishlow
Private equity firm TSG Consumer Partners is in advanced talks to invest in Crumbl, the fast-growing cookie and dessert chain, according to people with knowledge of the matter. TSG is discussing an investment in the form of preferred equity in exchange for a minority stake in Crumbl, said the people, who asked not to be identified discussing private information. Terms aren’t finalized and could still change, they cautioned.
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2 weeks ago | 
news.bloomberglaw.com | Gillian Tan |Crystal Tse |Olivia Fishlow
Private equity firm TSG Consumer Partners is in advanced talks to invest in Crumbl, the fast-growing cookie and dessert chain, according to people with knowledge of the matter. TSG is discussing an investment in the form of preferred equity in exchange for a minority stake in Crumbl, said the people, who asked not to be identified discussing private information. Terms aren’t finalized and could still change, they cautioned.
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2 weeks ago | 
bloomberg.com | Gillian Tan |Crystal Tse |Olivia Fishlow
Crumbl cookies in Washington in 2024. (Bloomberg) -- Private equity firm TSG Consumer Partners has agreed to take a minority stake in Crumbl, the fast-growing cookie and dessert chain, according to a representative for Crumbl. TSG is making the investment in the form of preferred equity in exchange for a minority stake in Crumbl, according to people with knowledge of the matter, who asked not to be identified discussing private information. Blackstone Inc.
