5th August 2021
17Capital has provided a loan of €500m+ to a top-tier, mid-market private equity firm with a longstanding and successful track record in European buyouts. The capital has allowed the manager to increase capacity for follow-on investments across its fund’s portfolio.
The financing, which was delivered in two tranches over the last year, is backed by a diversified portfolio of resilient and growing businesses with an aggregate value of €4bn+.
17Capital continues to experience high demand from firms seeking our flexible fund-level portfolio financing solutions for vehicles in their post-investment period, whether to take advantage of attractive follow-on investment opportunities or to return capital to investors.