Hayfin Capital Management exceeded its fundraising target of $6.6bn for its latest fund, Hayfin Direct Lending Fund IV, a spokesman confirmed.
Hayfin expects total available capital to be at or near the strategy’s hard cap of €7 billion by the end of the year, the firm said in a news release Friday.
The direct lending fund originates, structures and invests in performing senior secured loans to European middle-market and upper-middle-market companies.
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter
Investors in the fund included the $3.7 billion San Antonio Fire & Police Pension Fund.
Source: Pension & Investments
Can’t stop reading? Read more
Sports’ Saturday: Top sports news in private equity
Sports' Saturday: Top sports news in private equity Justin Ishbia, founder of private equity firm...
J.C. Flowers to retain control as Jefferson Capital launches $1.1bn Nasdaq IPO bid
J.C. Flowers to retain control as Jefferson Capital launches $1.1bn Nasdaq IPO bid J.C. Flowers...
Apollo and Irth Capital eye Papa John’s in $1.7bn take-private bid
Apollo and Irth Capital eye Papa John’s in $1.7bn take-private bid Apollo Global Management and...