Northleaf rakes in more than $1.4 bln for private credit program
Northleaf Capital Partners has raised more than US$1.4 billion for its global private credit program from "a core group of Canadian pension plans." Northleaf also acquired a 16 percent stake in Antares Holdings, a financing solutions provider for middle-market private equity-backed deals, from Canada Pension Plan Investment Board (CPPIB). CPPIB acquired Antares last year for US$12 billion. Northleaf, a Toronto-based private-markets fund manager, said its private credit fund, Northleaf Private Credit I, will provide investors with exposure to private credit investments, including senior, unitranche, second lien, mezzanine and subordinated loans, in North America, Europe and Australia.
16 November 2016•6 mins read
