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The firm’s debt-focused arm has provided loan financing to a Dutch fashion brand.
The firm described it’s BDC as a “legacy” portfolio, looking to bring its investments in line with the firm’s other assets.
The firm has provided debt financing facilitating the acquisition of a Belgian medical equipment provider.
The fund close represents one of the largest globally this year.
‘Going niche’ with debt fund products may help the loan origination process, but is investor demand there for more focused offerings?
The debt fund manager has also left open the possibility of additional financing should certain circumstances arise.
An arrangement between the two firms potentially giving BrickVest clients access to one of Venn’s fund products has failed to come to fruition.
The London-based investor surpassed its target for its latest offering, which also out-raised its predecessors.
With increasing competition among debt funds, ‘stretching the senior’ is one way managers are helping maintain returns. Nick Jardine looks into how and why firms are enhancing their senior debt products
One of the largest private debt deals to-date was refinanced in April by two Wall Street banks. Nick Jardine looks at the deal in more depth