The stake was purchased from British Columbia Investment Management Corporation (BCI), one of Canada’s largest institutional investors.
Despite selling its majority stake, BCI remains a key strategic limited partner in select Hayfin fund strategies. The deal aligns with Arctos’ Keystone strategy, which offers tailored growth capital and liquidity solutions to financial sponsors.
Arctos fully underwrote the transaction and facilitated Hayfin’s management team in becoming the majority owners of the firm’s common equity. The agreement was initially announced on July 30, 2024, with all necessary regulatory approvals secured before the transaction closed on February 7, 2025.
Source: Private Equity Wire
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