TRANSACTION SUMMARY

Following negotiations with its shareholders, HayFin, a credit investment firm with over €5bn in assets under management, transferred its proprietary balance sheet investments into a fund and released capital to become a pure play credit asset manager. As a part of the transaction, management increased its ownership stake and with a reconfigured long term incentive scheme will, over time, become the largest individual shareholder group.

HAYFIN CAPITAL MANAGEMENT

HayFin was established in 2009 with backing from TowerBrook Capital Partners, Omers Private Equity, Public Sector Pension Investment Board of Canada, and the Future Fund and is headed by former Goldman Sachs partner Tim Flynn. HayFin provides lending solutions to European medium-sized companies as well as operating complementary business lines across corporate, maritime and alternative credit.

ROLE

Spencer House Partners acted as retained strategic advisers to HayFin.