Argos Soditic, a Swiss buyout firm, has launched a €150 million ($221.6 million) sponsorless mezzanine fund, according to a statement. The entrance into mezzanine finance is a departure for Argos Soditic, which has previously raised five buyout funds. It is investing its fifth fund, which raised €275 million in 2006.
Argos Soditic raising €150m sponsorless mezz fund
Mezzanine’s resurgence gathers apace as the European buyout firm diversifies into loan financing in the changed investment climate post-credit crunch.
