Tuesday, June 24, 2025
18.4 C
London
HomeBankingNatixis sells private credit business MV Credit to Clearlake Capital

Natixis sells private credit business MV Credit to Clearlake Capital

Date:

Fundbox Acquihires Vaya Founders: Strategic Move to Enhance Financial Technology Solutions

Exploring Fundbox's Acquisition Strategy and the Impact of Vaya's...

Fiserv Unveils Innovative Stablecoin Solutions for Banks

Revolutionizing Banking with Secure and Efficient Digital Currency OptionsHighlights:...

Stackup Raises $42M to Streamline Operations for Crypto Firms

The crypto-focused infrastructure startup secures Series A funding to...
  • Acquisition: Clearlake Capital Group, a US-based private equity firm, has agreed to acquire MV Credit, a pan-European private credit business with $5.1 billion in assets under management (AUM), from Natixis Investment Managers.
  • MV Credit: MV Credit specializes in senior direct lending, subordinated direct lending, hybrid, and collateralised loan obligation (CLO) strategies. It has deployed over $11 billion since its inception, leading more than 500 bespoke transactions with sponsors like EQT, Nordic Capital, Cinven, and Bain Capital.
  • Clearlake Growth: The acquisition will boost Clearlake’s total AUM to over $90 billion, with its credit business reaching $28 billion in AUM.
  • Strategic Importance: Co-founders José Feliciano and Behdad Eghbali highlighted the acquisition as part of Clearlake’s strategy to expand its global direct lending capabilities and broaden product offerings for investors.
  • Closing: The deal is expected to close in Q4 2024.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories