Meet the LP video: Neha Markle, Morgan Stanley

In this video from the PartnerConnect Midwest 2014 conference in Chicago, Neha Markle, executive director of the Morgan Stanley Alternative Investment Partners PE Fund Group, discusses the firm’s third party fund of funds business, which has more than $35 billion of assets under management, including $12 billion in private equity investments.


Bregal-backed American Seafoods taps Ares Capital for $800 mln recap loan

American Seafoods Group has tapped specialty finance company Ares Capital Corp for an $800 million first- and second-lien credit facility that backs a recapitalization of the Seattle-based fish harvesting company, in a deal that is notable for both its size and syndication strategy focused on alternative lenders, Reuters reported.


Guggenheim settles with SEC over not disclosing loan

Guggenheim Partners Investment Management LLC has agreed to pay $20 million to settle federal charges that it failed to disclose a $50 million loan by a client to a senior executive, the Securities and Exchanges Commission said on Monday, according to Reuters.

David Brackett, GE Antares CEO

Antares Capital shops $13.9B loan deal for sale to CPPIB

Antares Capital is lining up a $13.9 billion financing package that backs General Electric Capital Corp’s sale of the middle-market sponsor finance platform to Canada Pension Plan Investment Board (CPPIB) and raises funds for future growth, sources told Reuters.

Watch your step

Jefferies profiting from highly leveraged loans

Jefferies has led seven leveraged loans totalling $5.07 billion since April as it continues to profit at the expense of regulated banks which are unable to lend to deals that U.S. regulators deem risky, Reuters reported.