From Hedge Fund Insight staff With the 2Q Earnings Release from KKR & Co LLP came evidence of how alternative financing businesses (including hedge funds) are replacing bank financing. In the Investor Update accompanying the Conference Call KKR presented some data on their newer strategies which will power future earnings. Direct Lending featured strongly: […] Read more »
Avenue Capital Backs Punch Taverns and Travelodge Debt to Recover
A recent article in the “New York Times” made a a big play about Avenue Capital’s strategic allocation of capital to Europe, which meets the opportunistic and value-driven approach of founder Marc Lasry. The $3bn of capital is expected to be committed for 3 to 5 years, but is being drip-fed in at roughly $150m […] Read more »