Thursday, 23 February 2017
Last updated 23 min ago
Jan 10 2014 | 12:28pm ET
Hedge fund Farallon Capital Management has raised $300 million for two private-equity funds.
The money will back the San Francisco-based firm's European Private Credit strategy, which will make mid-market loans in Europe. The funds will offer illiquid, long-duration credit, lending $20 million to $50 million in each deal, according to Institutional Investor Alpha.
Lars Bane and Nicolas Giauque will run the new strategy. Both men are based in London.