John Bakie
The firm’s third SME fund has received backing from new and existing investors including £30m from British Business Investments.
Strong demand for alternative lending and significant capital reserves contributed to the highest deal numbers seen so far.
Moving to green energy will need huge sums of capital. Private lenders are well placed to marry institutional money to vital projects. John Bakie reports
Jennifer Hartviksen joined IMCO in 2020 to lead its creation of a global credit portfolio. She reflects on how the organisation has plotted a way forward
Small companies play a vital role in the economy, but the pandemic has left many struggling financially. Could alternative lenders fill the gaps to support a broad economic recovery? John Bakie investigates
The Singapore-headquartered fund manager secured $455m after adding three new LPs to its latest credit fund.
The deal will add real estate and infrastructure debt to Sienna’s growing alternative assets platform.
The firm’s second strategic credit vehicle is rumoured to be around 40% deployed with its predecessor now fully invested and delivering returns to LPs.
The firm raised the fund at the height of the covid-19 pandemic and it is on course to be fully deployed in the coming months.
Fundraising saw a strong recovery in 2021 according to the latest PDI figures, but LPs are increasingly drawn to larger funds.