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First Eagle Investments Completes Acquisition of Napier Park Global Capital

August 01, 2022

First Eagle Investments (“First Eagle”) today announced that it has completed the previously announced acquisition of leading alternative credit manager Napier Park Global Capital (“Napier Park”). As of June 30, 2022, Napier Park managed approximately $19.5 billion through credit funds, US and European collateralized loan obligations (CLOs), and real assets, predominantly for ...
Lynher Energy Announces Investment in UK Solar and Battery Equipment

July 25, 2022

Lynher Energy (“Lynher”) today announced it has acquired rights to build two solar battery farms, in aggregate of 96MW, and two independent battery facilities, in aggregate of 100MWh, at adjacent sites in the UK. Lynher Energy is a joint venture between aNapier Park Global Capital (“Napier Park”) and Ethical Power (“Ethical Power”) and focuses on developing and managing solar power generation and battery-storage...
Lance Davis joins Napier Park’s Real Assets investment team as Managing Director

July 18, 2022

Napier Park Global Capital (“Napier Park”) today announced that C. Lance Davis, most recently Treasurer at Trinity Industries, Inc. (“Trinity”), will join the firm as a Managing Director and senior member of Napier Park’s Real Assets investment...
Biltmore Family Office Podcast: Investing in Credit During Volatility - Jon Dorfman, CIO of Napier Park Global Capital

June 28, 2022

In this interview, Jon explains how contingent capital structures can provide an investment edge in times of distress. Jon Dorfman is one of the smartest people in the business. We hear his thoughts on the current market volatility and his insight into potential future...
First Eagle Investments to Acquire Napier Park Global Capital, Expanding Alternative Credit Capabilities

March 30, 2022

First Eagle Investments (“First Eagle”) today announced a definitive agreement to acquire Napier Park Global Capital (“Napier Park”), a leading alternative credit manager with approximately $18.7 billion in assets under management as of December 31, 2021, predominantly for institutions through credit funds, US and European collateralized loan obligations, and real...
Napier Park’s Jon Dorfman, CIO, and Jim O’Brien, CEO, spoke to Bloomberg's Lisa Lee

March 07, 2022

Napier Park’s Jon Dorfman, CIO, and Jim O’Brien, CEO, spoke to Bloomberg's Lisa Lee covering their current outlook and positioning in light of recent market volatility. Visit the link and scroll to read the full interview:...
Napier Park Global Capital and Ethical Power Group Announce Partnership

January 20, 2022

New joint venture, Lynher Energy, will invest in large-scale green energy assets amid global net-zero...
Napier Park Global Capital Elects Joseph Lane and Julia He as Partners

January 11, 2022

Napier Park Global Capital (“Napier Park”) today announced that Joe Lane, based in the firm’s New York office, and Julia He, based in the firm’s London office, have been named Partners of the...
Creating New Opportunities in the Face of Changing Market Forces – Interview with Joe Lane

January 03, 2022

Joe Lane sat down with ABL Advisor’s Michael Toglia for an in-depth discussion on Napier Park’s Real Assets business and shared his thoughts on the current investing environment and opportunities that exist...
Serhan Secmen Featured on Creditflux Podcast – Tailwinds fueling the CLO market are masking manager incompetence

December 03, 2021

Serhan Secmen Featured on Creditflux Podcast – Tailwinds fueling the CLO market are masking manager...
Napier Park Global Capital Launches a Two-Year Rotational Analyst Program with StreetWise Partners

October 25, 2021

Each year, StreetWise pairs 600 individuals from the communities it serves in New York, Washington D.C., and Detroit with mentors to help them find careers and professional...
Napier Park European Credit Team Named Best European Boutique CLO Manager by Creditflux

September 09, 2021

Napier Park Global Capital, a global alternative credit management firm, announced today that its European Credit team has been named “Best European Boutique CLO Manager” at the Creditflux Manager Awards...
Creditflux Manager Award Nominations

August 16, 2021

Following a tumultuous year across credit, CLO managers, credit fund and direct lending managers will be returning to Creditflux’s annual awards evening to recognise those who have weathered tough conditions and come out on...
Napier Park European Credit Team Named Winner of Credit Long-Term Performance Award by HFM

July 26, 2021

Napier Park Global Capital, a global alternative credit management firm, announced today that its European Credit team has been named the winner for category of Credit LongTerm Performance at the prestigious HFM European Performance Awards...
Blackbird Capital II LLC closes $745,000,000 Aircraft Secured Notes to Refinance Existing Warehouse Debt

July 01, 2021

Blackbird Capital II LLC (“Blackbird”) announced today that Blackbird Capital II Aircraft Lease Limited (“BBIRD Cayman”) and Blackbird Capital II Aircraft Lease US LLC (“BBIRD USA”, and collectively, the "Issuers") have closed a $745,000,000 Fixed Rate Notes offering, comprised of US$630,000,000 of 2.443% Series A Fixed Rate Notes ("Series A Notes") and US$115,000,000 of 3.446% Series B Fixed Rate Notes ("Series B Notes", and together with the Series A Notes, the “Notes”). The Cayman Issuer also issued a Series E Note representing the equity interest in BBIRD Cayman, which was acquired by...
Napier Park Claims Top Spot in Creditflux 2020 Hedge Fund Rankings

March 05, 2021

Napier Park’s credit strategy claimed the top spot in the Creditflux 2020 HF rankings. The Napier Park strategy invests across the junior CLO space, leveraged loans and high yield. Napier Park partly credits its 2020 high performance to early and active de-risking, raising cash and hedging pre-Covid. They began to buy and extract liquidity premium at the market bottom and captured multiple legs of the recovery by continually rotating into lagging assets as the recovery gained pace. The strategy also does not use leverage and was not under any pressure to sell assets at any time, instead it had ample liquidity...
Moving fast pays off for hedge funds

March 05, 2021

Credit hedge fund managers which were able to assess rapid fluctuations across markets and react accordingly performed best last year. Conservative positioning in Q1 also helped generate...
IT PAYS TO BE QUICK OFF THE MARK WITH CREDIT STRATEGIES

September 21, 2020

Credit managers have come into their own since the global financial crisis. First it was the search for yield as interest rates headed towards zero around the world. Now it is more about diversification, protection – particularly against another correction in equity markets – and opportunities to produce...
NAPIER PARK TO MANAGE €200 MILLION HENLEY CLO II

May 28, 2020

Henley CLO II, a cash flow collateralised loan obligation managed by Napier Park Global Capital, was launched on May 28, 2020. Net proceeds from the issuance of notes will be used to purchase a €200m portfolio of predominately first lien European senior secured...
Napier Park Promotes Nadja Marcoz to Partner

January 14, 2020

Napier Park Global Capital (“Napier Park”), an alternative asset management platform with more than $14 billion in assets under management, today announced that Nadja Marcoz was named a Partner of the firm. Marcoz is based in Napier Park’s New York...
Napier Park beats 47 managers to win pension's lucrative credit mandate

January 08, 2020

Napier Park Global Capital has emerged as the winner for a highly sought-after $500 million illiquid credit mandate for Los Angeles County Employees Association, according to recently released board documentation. The strategy will be awarded in the form of a separately managed account and performance will be benchmarked against Bloomberg Barclays US Aggregate plus 250 basis...
Napier Park to Act as Services Provider to $600 million Regatta XVI CLO

December 19, 2019

Regatta XVI Funding Ltd, a cash flow collateralized loan obligation managed by Regatta Loan Management, and for which Napier Park Global Capital acts as staff and services provider as well as structuring and advisory services provider, was launched on December 19, 2019. Net proceeds from the issuance of notes will be used to purchase a $600 million portfolio of predominately first lien senior secured loans. A link to the Moody’s presale report can be found...
Points up front: Credit professionals to sleep rough for charity

November 07, 2019

Head of structured credit at Napier Park Global Capital, Serhan Secmen, will be spending 21 November sleeping out. He’s not being evicted – rather he’s volunteering to raise money in support of homeless...
Napier Park to Act as Services Provider to $400 million Regatta XII CLO

October 15, 2019

Regatta XII Funding Ltd, a cash flow collateralized loan obligation managed by Regatta Loan Management, and for which Napier Park Global Capital acts as staff and services provider as well as structuring and advisory services provider, was launched on October 15, 2019. Net proceeds from the issuance of notes will be used to purchase a $400 million portfolio of predominately first lien senior secured loans. A link to the Moody’s presale report can be found...
NAPIER PARK TO MANAGE €400 MILLION HENLEY CLO I

June 07, 2019

Henley CLO I, a cash flow collateralised loan obligation managed by Napier Park Global Capital, was launched on June 7, 2019. Net proceeds from the issuance of notes will be used to purchase a €400m portfolio of predominately first lien European senior secured...
Joseph Lane named Vice Chairman of Napier Park and Appointed to the Firm’s Management Committee

February 19, 2019

Napier Park Global Capital (“Napier Park”) today announced that Joseph Lane has been named Vice Chairman of the Napier Park and was appointed to the firm’s leadership team as a member of the Management Committee. Lane is currently a Managing Director in the firm’s Real Assets...
Napier Park and Heritage Global Partners Form Partnership to Acquire Industrial Machinery and Equipment

December 20, 2018

Heritage Global Partners, a worldwide leader in asset advisory and auction services, announced it has entered into a strategic partnership with Napier Park to pursue acquisition opportunities for industrial machinery, equipment, and turnkey manufacturing facilities from U.S. and multinational...
Napier Park and AAR Form Partnership to Acquire Late Life Commercial Aircraft

December 05, 2018

AAR, a global aviation aftermarket leader, announces the expansion of its commercial aircraft asset management activities by partnering with Napier Park to create a joint venture that will focus on acquiring late life commercial...
Napier Park to Manage $600 million Regatta XV CLO

October 25, 2018

Regatta XV Funding Ltd, a cash flow collateralized loan obligation managed by Napier Park Global Capital, was launched on October 25, 2018. Net proceeds from the issuance of notes will be used to purchase a $600 million portfolio of predominately first lien senior secured loans. A link to the Fitch Ratings New Issue report can be found...
Napier Park Featured in Securitisation & Structured Finance Handbook 2019

September 21, 2018

Serhan Secmen, Head of US CLO Investments, is featured in the 2019 Securitisation & Structured Finance...
Napier Park to Manage $690 million Regatta XIV CLO

September 13, 2018

Regatta XIV Funding Ltd, a cash flow collateralized loan obligation managed by Napier Park Global Capital, was launched on September 13, 2018. Net proceeds from the issuance of notes will be used to purchase a $690 million portfolio of predominately first lien senior secured loans. A link to the Fitch Ratings report can be found...
Napier Park to Manage $565 million Regatta XIII CLO

July 16, 2018

Regatta XIII Funding Ltd, a cash flow collateralized loan obligation managed by Napier Park Global Capital, was launched on July 16, 2018. Net proceeds from the issuance of notes will be used to purchase a $565 million portfolio of predominately first lien senior secured loans. A link to the Fitch Ratings report can be found...
Napier Park to Act as Services Provider to $500 million Regatta XI CLO

June 28, 2018

Regatta XI Funding Ltd, a cash flow collateralized loan obligation managed by Regatta Loan Management, and for which Napier Park Global Capital acts as staff and services provider as well as structuring and advisory services provider, was launched on June 26, 2018. Net proceeds from the issuance of notes will be used to purchase a $500 million portfolio of predominately first lien senior secured loans. A link to the Fitch Ratings presale report can be found...
Serhan Secmen, Head of US CLO Investments, interviewed by Creditflux

May 09, 2018

Serhan Secmen, Head of Napier Park US CLO Investments, spoke with Creditflux’s Hugh Minch at the Creditflux Symposium in early May. Serhan discussed his views on the CLO market, including the often misperceived correlation between the CLO arbitrage at issuance and the ultimate return to equity investors. Additionally, Serhan reviewed how Napier Park is approaching the opportunities currently available in junior CLO...
Napier Park to Act as Services Provider to $525 million Regatta X CLO

December 21, 2017

Regatta X Funding Ltd, a cash flow collateralized loan obligation managed by Regatta Loan Management, and for which Napier Park Global Capital acts as staff and services provider as well as structuring and advisory services provider, was launched on December 21, 2017. Net proceeds from the issuance of notes will be used to purchase a $525 million portfolio of predominately first lien senior secured loans. A link to the Fitch Ratings presale report can be found...
Napier Park to Act as Services Provider to $500 million Regatta VIII CLO

September 27, 2017

Regatta VIII Funding Ltd, a cash flow collateralized loan obligation managed by Regatta Loan Management, and for which Napier Park Global Capital acts as staff and services provider as well as structuring and advisory services provider, was launched on September 27, 2017. Net proceeds from the issuance of notes will be used to purchase a $500 million portfolio of predominately first lien senior secured loans. A link to the Fitch Ratings presale report can be found...
Napier Park to Act as Services Provider to $400 million Regatta IX CLO

May 25, 2017

Regatta IX Funding Ltd, a cash flow collateralized loan obligation managed by Regatta Loan Management, and for which Napier Park Global Capital acts as staff and services provider as well as structuring and advisory services provider, was launched on May 25, 2017. Net proceeds from the issuance of notes will be used to purchase a $400 million portfolio of predominately first lien senior secured loans. A link to the Fitch Ratings presale report can be found...
Napier Park European Credit Opportunities Fund Named Credit Fund of 2016 by the Investors Choice Awards

March 30, 2017

London, March 30th 2017 - Investors Choice Awards 2017 for the EMEA & APAC region has announced its...
Napier Park to Act as Services Provider to $400 million Regatta VII CLO

October 20, 2016

Regatta VII Funding Ltd, a cash flow collateralized loan obligation managed by Regatta Loan Management, and for which Napier Park Global Capital acts as staff and services provider as well as structuring and advisory services provider, was launched on October 20, 2016. Net proceeds from the issuance of notes will be used to purchase a $400 million portfolio of predominately first lien senior secured loans. A link to the Fitch Ratings new issue report can be found...
New Mexico Public Employees Retirement Association backs Napier Park with $300 million as it puts faith in credit

August 05, 2016

Napier Park Global Capital has emerged as a big winner after the New Mexico Public Employees Retirement Association (Pera) completed the first stage of a major re-allocation to credit. Officials at the pension fund have informed Creditflux that Napier Park has been awarded $300 million for what they describe as a “specialised and complex” credit strategy to invest in “hedged credit”. The strategy will take the form of a managed...
Napier Park to Act as Services Provider to $400 million Regatta VI CLO

May 19, 2016

Regatta VI Funding Ltd, a cash flow collateralized loan obligation managed by Regatta Loan Management, and for which Napier Park Global Capital acts as staff and services provider as well as structuring and advisory services provider, was launched on May 19, 2016. Net proceeds from the issuance of notes will be used to purchase a $400 million portfolio of predominately first lien senior secured loans. A link to the Fitch Ratings presale report can be found...
Seven New Members Named to Seton Hall's Board of Regents

July 21, 2015

The Seton Hall Board of Trustees has voted to add seven new members to the Board of Regents, one of the university's top governing...
Joseph Lane joins Napier Park Global Capital as Managing Director

July 07, 2015

New York, NY – July 7, 2015 – Napier Park Global Capital (“Napier Park”) announced today that Joseph Lane has joined the firm’s private equity group, Napier Park Financial Partners, as a managing...
Air Lease Corp and Napier Park win this year’s award for their joint venture, Blackbird Capital 1.

June 12, 2015

In November 2014, Air Lease Corp (ALC) and Napier Park announced the formation of Black­bird Capital I, a newly formed joint venture to invest in leased commercial aircraft...
Napier Park Announces the Close of the Napier Park Aircraft Leasing Vehicle I LLC

April 28, 2015

New York – April 28, 2015 – Napier Park Global Capital (“Napier Park”), a global alternative asset management firm, announced today that its Financial Partners business...
Napier Park Named 2015 Hedge Fund Manager of the Year by Risk Magazine

January 15, 2015

October 14, 2014 was a day of misery for many hedge funds. Managers were desperately trying to cut losses and...
Napier Park to Manage $500 million Regatta V CLO

November 06, 2014

Regatta V Funding Ltd, a cash flow collateralized loan obligation managed by Napier Park Global Capital, was launched on November 6, 2014. Net proceeds from the issuance of notes will be used to purchase a $500 million portfolio of predominately first lien senior secured loans. A link to the Fitch Ratings reports can be found...
Napier Park Global Capital Announces the Completion of Citi’s $2.4bn Redemption; Client AUM at Approximately $6bn.

July 22, 2014

Redemption Schedule Began in March 2013 when Napier Park Completed its Spinout from...
Financial Times: Napier Park nears independence as Citigroup withdraws capital

July 22, 2014

Citigroup’s $6bn hedge fund spin-off Napier Park took a further step towards independence on Tuesday as the US bank removed the last remnants of proprietary capital invested in its...
Napier Park to Manage $600 million Regatta IV CLO

June 26, 2014

Regatta IV Funding Ltd, a cash flow collateralized loan obligation managed by Napier Park Global Capital, was launched on June 26, 2014. Net proceeds from the issuance of notes will be used to purchase a $600 million portfolio of predominately first lien senior secured loans. A link to the Fitch Ratings report can be found...
Napier Park European Credit Opportunities Fund Ranked # 7 in Barron's Top 100 Hedge Funds

May 17, 2014

Napier Park European Credit Opportunities Fund was ranked #7 in Barron’s Top 100 Hedge Funds. For more...
Napier Park Completes Initial Investment of its $370 Million Railcar Lease Fund One Year After Inception

May 12, 2014

NEW YORK – May 12, 2014 – Napier Park Global Capital LLC (“Napier Park”), a global alternative asset management firm, announced today that its Financial...
Napier Park to Manage $475 million Regatta III CLO

March 27, 2014

Regatta III Funding Ltd, a cash flow collateralized loan obligation managed by Napier Park Global Capital, was launched on March 27, 2014. Net proceeds from the issuance of notes will be used to purchase a $475 million portfolio of predominately first lien senior secured loans. A link to the Fitch Ratings report can be found...
Napier Park European Credit Opportunities Fund wins European Credit Fund of 2013 at HedgePo’s Investors Choice Awards

March 26, 2014

London, 26 March, 2014 – HedgePo, the invitation-­‐only hedge fund and investor web portal, has announced the...
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Awards

Napier Park’s European Credit Strategy receives its 5th EuroHedge Award as it is named winner in the category Credit over USD 500mln

March 22, 2022

Napier Park Global Capital, a global alternative credit management firm, announced today that its European Credit Strategy was named winner in the category “Credit - Over USD 500mln” at the With Intelligence EuroHedge Awards 2021. 1 The awards ceremony took place on March 17, 2022 at the JW Marriott Grosvenor House on Park Lane, bringing together leading figures from the hedge fund...
Napier Park Awarded Credit-Focused Hedge Fund Manager of the Year by Institutional Investor

June 28, 2018

Napier Park Global Capital, a global alternative asset management firm, announced today that it has been named the 2018 Credit-Focused Hedge Fund Manager of the Year by Institutional...
Napier Park Global Capital Wins Two Prestigious Awards

February 09, 2017

Blackbird ABS Named Overall Deal of the Year by Aviation Economics; and Global Transport Finance Awards NP Rail 2016-1 Transaction Deal of the...
Napier Park Global Capital Wins Prestigious Long-Term Award from Eurohedge

January 20, 2017

Napier Park Global Capital, a global alternative asset management firm, announced today that its European Credit Opportunities Fund has been awarded the prestigious 2016 Long-Term Performance Award by...
Napier Park European Credit Opportunities Fund Wins Four Awards in 1H 2016

June 10, 2016

Napier Park Global Capital, a global alternative asset management firm, announced today that its European Credit team has won four awards in the first half of 2016 for the performance of their European Credit Opportunities...
Napier Park Global Capital Named 2015 Hedge Fund Manager of the Year by Risk Magazine

January 13, 2015

Napier Park Global Capital, a global alternative asset management firm, announced today that is has been named 2015 Hedge Fund Manager of the...