Andrew Hedlund
The firm, co-founded by three financial luminaries in early 2016, has picked up capital commitments at a swift pace.
Andy Moser’s fellow Scargo Hill Capital co-founders were also unaware of the accusations made against him.
The European mid-market firm invests both debt and equity across the capital structure.
Restructurings have affected the firm’s net investment income, the BDC’s head said.
The vehicle will make commitments of between $10m-$100m.
The firm, which is seeking to raise $100bn over four years, added $1.12bn toward that total.
The buyout firm is just the latest in a string of technology specialists to launch a debt arm.
The direct-lending behemoth has raised $1.6bn for its $2.5bn junior debt fund.
The firm invested in 10 companies in the second quarter.
The firm committed almost $2bn to more than 40 borrowers in the second quarter.