Industry News
The previous CFO left the firm in March to become CEO of Janus Henderson Group.
The fund seeks unique direct co-investment and secondary investment opportunities.
He manages various global bond investment strategies and mandates for institutional clients.
The average U.S. corporate pension funded status fell to 98.5% from 102.5% in the second quarter.
Shore Capital Partners Food and Beverage Fund II closed with $292 million in commitments.
New York-based Varagon specializes in directly originated senior loans to private equity-backed U.S. middle market companies.
The firm is also hiring a new fund manager on July 25.
He will be responsible for managing the European investment team as well as the origination of new investment opportunities, investment due diligence and portfolio management.