PGIM Private Capital raises $2.23B for sixth mezzanine fund

PGIM Private Capital raises $2.23B for sixth mezzanine fund

PGIM Private Capital has completed fundraising for PGIM Capital Partners VI, L.P., surpassing its fundraising target with capital commitments of $2.23 billion. PGIM Private Capital is a leading source of private debt for public and private companies and is the private...
Maranon Capital holds $350m final close for new CLO fund

Maranon Capital holds $350m final close for new CLO fund

Maranon Capital announced the closing of Maranon Loan Funding 2020-1, Ltd., a $350 million collateralized loan obligation (“CLO”). This represents the fifth CLO issued by Maranon. Maranon Loan Funding 2020-1 will primarily invest in leveraged loans to middle market,...
Capvest beats Cranswick to collar £300m petfood group

Capvest beats Cranswick to collar £300m petfood group

A former owner of the Findus brand has beaten Cranswick, the listed food company, in the race to buy one of Britain’s best-known pet food manufacturers. Sky News understands that Capvest, the private equity firm, is close to striking a deal to buy Inspired Pet...