Hayfin Capital Management, a London, UK-based alternative asset management firm, raised capital commitments in excess of €6 billion target for Hayfin Direct Lending Fund IV.
This fundraise, which comprised the commingled Fund IV, and certain related investment vehicles, attracted capital commitments from a broad range of institutional investors globally, including both new and existing LPs, comprising public and private pension funds, financial institutions, insurance companies, sovereign wealth funds, funds of funds, endowments, consultants and family offices.
Hayfin expects total available capital to be at or near the strategy’s hard cap of €7 billion by the end of the year.
Through its Direct Lending strategy, Hayfin originates, structures and invests in performing senior-secured loans, primarily to European middle-market and upper-middle-market companies, with an emphasis on downside protection. Investing throughout the credit cycle, Hayfin self-originates primary investment opportunities through its local sourcing teams across 12 offices globally and its sector-specialist teams, as well as opportunistically acquiring senior loans in the secondary market.
Founded in 2009 by Tim Flynn, Chief Executive Officer, Hayfin Capital Management is an alternative asset management firm with c. €30 billion in assets under management. The firm focuses on delivering attractive risk-adjusted returns for its investors across its private debt, liquid credit and private equity solutions businesses. Hayfin has invested over €35 billion of capital across more than 470 portfolio companies via its private credit strategies since it was founded in 2009.
The firm has a diverse international team of over 200 experienced industry professionals with offices globally, including headquarters in London and offices in Frankfurt, Munich, Madrid, Milan, Paris, Luxembourg, Stockholm, New York, San Diego, Singapore and Tokyo.
FinSMEs
18/08/2023