Barclays Nets $1 Billion For Credit Fund

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.”


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...