Cinven has acquired a 50 percent stake in the London and New York debt investment boutique Indicus Advisers for an undisclosed sum. The investment was made from the private equity firm's balance sheet, as opposed to one of its funds.
Indicus is an alternative investment manager focusing on European leveraged finance and global structured credit.
Cinven takes a slice of European debt boutique
The London-based private equity firm has diversified its buyout business with the purchase of 50 percent stake in Indicus Advisers.
