Friday, 3 July 2015
Last updated 4 hours ago
Oct 21 2008 | 9:50am ET
Hedge fund seeder FRM Capital Advisors is backing a new mezzanine fund launched by a London private equity shop.
FCA, the seeding arm of Financial Risk Management, has committed US$75 million to Beechbrook Capital’s Mezzanine I fund, PEHub reports. The firm, which was founded in May, is continuing to fundraise and plans a second closing next year.
“The current market conditions provide one of the most favorable investment opportunities the mezzanine debt industry has seen in many years,” Beechbrook co-founder Paul Shea said. “Working with FCA provides the basis to execute the strategy we have been developing.”
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…