Hayfin raises $3.7 bln for European direct lending strategy
Hayfin Capital Management LLP, which recently agreed to be acquired by British Columbia Investment Management Corp (bcIMC), has raised about US$3.7 billion (€3.5 billion) for its European direct lending strategy. London-based Hayfin said the funds were raised from new and existing global institutional investors and will be used to extend senior loans to European mid-market companies in various industries. Last month, bcIMC struck a deal to buy a majority stake in Hayfin from TowerBrook Capital Partners, PSP Investments, Ontario Municipal Employees Retirement System (OMERS) and Future Fund.
27 February 2017•2 mins read
