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About Hayfin
About Hayfin
Since our formation in 2009, Hayfin has grown to become Europe’s leading alternative asset management platform. We have developed in a measured way to build transatlantic capabilities and establish a growing local presence in Asia.
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Strategies
Strategies
We provide critical debt, equity and hybrid capital solutions tailored to the European market. Our product suite is designed to address every financing need of non-investment grade borrowers, providing broad and flexible mandates. Covering both primary and secondary markets and providing financing across the spectrum from growth to stress or distress.
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People
People
Led by Hayfin’s Executive Committee, our international team of industry professionals represent the best experience and expertise in the market. Our people embrace our values and culture contributing to our collective success.
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- Hayfin resets €422m Hayfin Emerald I CLO
Hayfin today announces the reset of Hayfin Emerald I CLO (“Emerald I”), a Collateralised Loan Obligation (“CLO”) which was first issued in a €412.8m deal in August 2018 and has now been upsized to €422.5m. The transaction marks Hayfin’s first reset within the Emerald CLO series and follows on from the printing of two new-issue European CLOs, Emerald IV and Emerald V, in H2 2020.
The reset is a response to favourable market conditions for top-tier European CLO managers and has been characterised by strong demand from investors throughout the capital stack, reflecting the firm’s proven track record of successful credit selection and portfolio construction. The structure will continue to invest in a diversified portfolio of European senior-secured loans and bonds.
Tim Flynn, Chief Executive Officer of Hayfin, said: “The reset of Emerald I underlines the strength of Hayfin’s established European CLO business. The robust investor demand and tightened pricing that we achieved are testament to our status as one of Europe’s leading CLO managers.”