When I sat down with Marc Bajer, the founder of Hadrian’s Wall Capital, in May 2010 he told me he expected his pioneering subordinated debt fund to reach a €200 million first close that summer.
Fast forward two years and the Aviva Investors Hadrian Capital Fund 1 has finally hit that milestone on £160 million (€199 million; $250 million) – roughly the same amount Bajer mentioned (albeit raised in a different currency), but having been raised over a vastly more dilated time span.
