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News Stories (8 Results) - BlackRock

Velocity Financial entered into a new $175 million, 5-year term loan with a syndicate of lenders including funds managed by Blackrock’s U.S. Private Capital group, Oaktree Capital Management, L.P., and UBS O’Connor. The new facility has an initial... Read Story
February 11, 2021, 07:00 AM


BlackRock Capital Investment Corporation announced the appointments of Nik Singhal as President, effective November 3, 2020, and Abby Miller as Chief Financial Officer and Treasurer, to be effective as of November 9, 2020, at which time Michael... Read Story
November 05, 2020, 08:28 AM


BlackRock, Inc and certain of its subsidiaries entered into Amendment No. 9 ("Amendment No. 9") to its Five-Year Revolving Credit Agreement, dated as of March 10, 2011, as amended by Amendment No. 1 thereto, dated as of March 30, 2012, Amendment No.... Read Story
April 01, 2020, 09:00 AM


Amid rising concerns about a downturn in the economic cycle, institutional investors are looking to mitigate risks by increasing allocations to private markets according to BlackRock’s annual survey of global institutions. Globally, over half (56%1)... Read Story
January 21, 2019, 08:21 AM


Wells Fargo Bank, N.A., and a group of institutional investors, including funds affiliated with BlackRock, Inc. and PIMCO, announced that they have reached a settlement that resolves two class action lawsuits in federal and state court related to... Read Story
November 13, 2018, 07:06 AM


BlackRock Inc. and Tennenbaum Capital Partners, LLC (TCP) announced a definitive agreement under which BlackRock will acquire TCP, a manager focused on middle market performing credit and special situation credit opportunities. The acquisition... Read Story
April 20, 2018, 07:13 AM


Fifth Street Finance Corp. announced that its Board of Directors has appointed Patrick J. Dalton as Chief Executive Officer and elected him as a member of the Board of Directors, effective January 2, 2017.  Dalton will succeed Todd G. Owens, who will... Read Story
November 30, 2016, 07:48 AM


On Dec. 12, Bloomberg reported Caesars Entertainment Corp. highest-ranked lenders spurned the casino company’s efforts to restructure its most indebted unit, imperiling tentative agreements reached over three months of talks with a broader group of... Read Story
December 15, 2014, 07:35 AM