The size of the collateralized loan obligation market is revealing an interest pattern in alternative debt investment opportunities, particularly in Europe and the U.S., according to David Lindstone, executive director at Benefit Street Partners Alcentra, which is owned by Franklin Templeton Investments. “It’s about US$1.4 trillion globally at this point, so it’s a very meaningful […]
The Caisse de dépôt et placement du Québec is buying a 30 per cent indirect stake in the Ohio subsidiary of energy firm AES Corp. for nearly US$546 million. This is the Caisse’s second investment in the utilities company, after first investing in AES Indiana. The investment doesn’t grant the Caisse with a change in […]
The Ontario Teachers’ Pension Plan is acquiring a minority stake in India-based financial institution Kogta Financial Ltd. through a Series E investment transaction worth US$148 million. The firm specializes in the secured vehicle and micro-, small- and medium-sized enterprises financing space with loans. The funds from the transaction will be used as primary capital for growth […]