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2 weeks ago | 
news.bloombergtax.com | Sharon Klyne |Amy Bainbridge
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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2 weeks ago | 
news.bloomberglaw.com | Sharon Klyne |Amy Bainbridge
Hartley Rogers,co-chairman of private markets investor Hamilton Lane Inc., said the tariff-driven selloff in global markets may create investment opportunities for alternative asset managers. “If you look back historically at times when you’ve had this happen before, you’ve had very favorable conditions for private market investing,” said Rogers, whose firm oversees nearly $1 trillion in assets, speaking at a briefing in Melbourne on Tuesday.
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1 month ago | 
bloomberg.com | Carmeli Argana |Sharon Klyne
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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1 month ago | 
news.bloombergtax.com | Sharon Klyne |Harry Suhartono
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 month ago | 
bloomberg.com | Sharon Klyne |Harry Suhartono
SC Lowy Financial HK Ltd. plans to raise $500 million for its third private credit fund to plug a financing gap left by Asia’s shrinking junk bond market and cautious banks. The fund is targeting net returns of around 14% to 15%, with around two-thirds of the portfolio to be invested in senior secured facilities, 15% in second-lien loans and 15% in mezzanine debt, according to Soocheon Lee, SC Lowy’s co-founder and chief investment officer.
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2 months ago | 
news.bloombergtax.com | Kari Lindberg |Sharon Klyne
Blackstone Inc. is considering tapping the asset-backed securities market to fund the expansion plans of AirTrunk Pte., an Australia-based date center firm that it acquired last year, according to people familiar with the matter. The private equity firm is in early talks to structure ABS bonds to raise capital in support of AirTrunk’s growth in Asia Pacific, the people said, who asked not to be named discussing private matters.
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2 months ago | 
news.bloomberglaw.com | Kari Lindberg |Sharon Klyne
Blackstone Inc. is considering tapping the asset-backed securities market to fund the expansion plans of AirTrunk Pte., an Australia-based date center firm that it acquired last year, according to people familiar with the matter. The private equity firm is in early talks to structure ABS bonds to raise capital in support of AirTrunk’s growth in Asia Pacific, the people said, who asked not to be named discussing private matters.
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2 months ago | 
bloomberg.com | Kari Lindberg |Sharon Klyne
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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2 months ago | 
bloomberg.com | Megawati Wijaya |Saikat Das |Sharon Klyne
Indian conglomerate Adani Group has signed an around A$330 million ($207 million) private credit loan for its coal port unit located in Australia’s Northern Queensland, according to people familiar with the matter. Direct lender King Street Capital Management is one of the two lenders providing Adani’s North Queensland Export Terminal Pty. the loan, with proceeds to refinance debt due in June, according to the people, who asked not to be named discussing private matters.
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2 months ago | 
news.bloomberglaw.com | Sharon Klyne |Ben Westcott
US Defense Secretary Pete Hegseth reiterated support for the Aukus security pact, through which Washington and the UK will supply a fleet of nuclear-powered submarines to Canberra. Australia has been seeking reassurance of the new US administration’s commitment to the Australia-UK-US agreement which was agreed to by President Joe Biden in September 2021. President Donald Trump has yet to comment publicly on the pact.
