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The firm’s fourth direct lending offering has so far collected €400m, having launched last year.
Christophe Evain will be replaced in his capacity as ICG’s CEO and CIO by Benoit Durteste in July.
The Dutch firm has provided a mezzanine loan as part of the financing for a management-led buyout of Worldmeetings.
The firm will look to reach out to investors beyond Europe, with those in North America and Asia being looked at.
According to sources, the latest CLO has the lowest cost of capital for a European CLO since the financial crisis.
The pension fund also acknowledges the attraction of various alternatives income-focused strategies.
Bayside acquired the company via a debt-for-equity transaction in 2015 and pursued an operational restructuring.
Green Highland Hydro, owned by sponsor Ancala Partners, will receive £51m in debt financing from the facility.
The firm has provided a unitranche finance package aiming to facilitate an acquisition and aid additional growth.
The government is looking to fund SMEs after one of its non-departmental arms also announced its intention to set up a debt fund.