Distressed debt specialist apologises for appearing to blame co-investors in lossmaking ecommerce deal
Plus, the Bank of London’s mysterious weekend tax debacle and companies race to issue record levels of US debt ahead of presidential election
Plus, UK capital markets revamp, record US debt issuance, and Musée Jacquemart-André reopens
Credit investment specialist says its trust in PE firms’ oversight of ecommerce roll-up group Thrasio was misplaced
The venture is the latest in a string of tie-ups as traditional banks try to find a place in the private credit industry
With franchise values skyrocketing, leagues are becoming more lax on capital structure restrictions
Chinese owner of Italian football champions has a loan expiring early next week
Vessel owned until recently by US private equity group Oaktree Capital is latest to be hit in Gulf of Aden
Billionaire investor says higher interest rates and slower growth are about to put $1.5tn market to the test
Bit of ‘maintenance’ natural part of ageing, says investment group’s co-founder
Credit investor is latest private lender aiming to fill void left by Wall Street banks
Oaktree Capital’s co-founder is turning aggressive after sharp market sell-off
Vehicle will lend to private equity groups that want to boost returns with extra leverage
Howard Marks’ $161bn fund has control of two prize assets after defaults by world’s most indebted developer
Low levels of debt defaults have forced funds to adapt investing strategies
US fund to acquire a majority stake in full fibre specialist Zzoomm
Oaktree accuses UK satellite group of ignoring US spectrum value in deal price
Welcome to Due Diligence, the FT’s daily deals briefing
Alternative asset managers never got public markets to accept them
‘So far no good’, says billionaire investor on progress for a deal on leaving the EU
Oaktree Capital tightens grip on surfwear market with acquisition of second Australian brand
Private equity and distressed debt groups are rushing into the sector
Restructuring plan would inject up to $7bn of equity into US utility