EQT Credit provides senior financing for Hg’s recapitalisation of FE fundinfo
EQT Credit, through its Direct Lending investment strategy, is pleased to announce it has provided a senior secured financing alongside Hayfin Capital Management to support Hg’s refinancing of FE fundinfo (“the Company”).
Backed by Hg since 2017, following the combination of three complementary businesses (FI, F2C and FE Financial Express), FE fundinfo is the number two European fund data and software provider for asset managers and advisors. FE fundinfo facilitates better, more efficient investing by connecting fund managers and fund distributors and enabling them to share and act on trusted information.
Paul Johnson, Partner at EQT Partners’ Credit team, Investment Advisor to EQT Credit, commented: “EQT Credit is pleased to be supporting FE fundinfo as they embark on their next phase of growth. FE fundinfo is a leading data and software provider, known for its high-quality data and reliability.”
Nakul Sarin, Managing Director at EQT Partners’ Credit team, Investment Advisor to EQT Credit, added: “EQT Credit is happy to partner with Hg on this exciting transaction. As a data driven company, FE fundinfo serves asset managers and fund distributors, acting as a one stop shop with a range of offerings for fund management companies. We would like to thank the advisors in the EQT Network who provided valuable insights to the EQT Credit deal team throughout the due diligence process.”
Paul Johnson, Partner at EQT Partners, Investment Advisor to EQT Credit
Nakul Sarin, Managing Director at EQT Partners, Investment Advisor to EQT Credit
EQT Press Office, +46 8 506 55 334, email@example.com
EQT is a differentiated global investment organization with more than EUR 62 billion in raised capital and around EUR 41 billion in assets under management across 19 active funds. EQT funds have portfolio companies in Europe, Asia and the US with total sales of more than EUR 21 billion and approximately 127,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.
About EQT Credit
EQT Credit invests through three complementary strategies: Senior Debt, Direct Lending, and Special Situations. Since inception, EQT Credit has raised over EUR 7 billion of capital and invested in over 160 companies. EQT Credit’s Direct Lending strategy seeks to provide flexible, long-term debt solutions to support European businesses, across a wide range of sectors. These businesses include privately-owned companies seeking growth capital as well as those that are the subject of private equity-led acquisitions or refinancings
For more information: www.eqtpartners.com/business-segments/Credit