Friday, 4 September 2015
Last updated 33 min ago
Jun 3 2008 | 10:58am ET
Barclays Capital has raised $1 billion for a private junior capital fund.
The firm’s principal credit investments division, Barclays Structured Principal Investing, may raise another $500 million for its inaugural fund, the Barclays Structured Principal Investing Fund.
BSPIF will make private junior capital investments of between $20 million and $150 million in North America, including uni-tranche, second lien, mezzanine debt, holding company notes, structured preferred stock and private equity co-investments.
“The introduction of the fund marks an important milestone in our contributing efforts to build a world-class leveraged finance platform,” Rick Van Zijl, co-head of U.S. leveraged finance, said. “The financing flexibility that the fund offers is an important value proposition for our clients.”
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…