Cordiant Capital Raises $250M for First Close of CELF IV
Cordiant Capital, a Montréal-based manager of emerging-market private sector funds and investments, has completed the first closing its latest debt fund, Cordiant Emerging Loan Fund IV (CELF IV) at US$250 million. Backed by insurance, sovereign wealth and pension funds, CELF IV will provide senior secured loans to diverse private borrowers located around the globe, "filling the gap created by withdrawal of Western banks." Cordiant also manages a private equity fund, the Canada Investment Fund for Africa.
15 April 2013•3 mins read
