Bridgepoint Credit Transfers €1.2bn Loan Portfolio to Pantheon-Led Continuation Vehicle
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4 Articles
Bridgepoint transfers €1.2bn into Pantheon-led CV
Bridgepoint Credit has transferred €1.2bn (£1bn) of loans from an older direct lending fund into a continuation vehicle (CV) led by secondaries investor Pantheon. The loans in the vehicle are from Bridgepoint Direct Lending II (BDL II), a 2017-vintage direct lending fund with exposure to European middle-market companies. The European credit manager said the vehicle […]
Bridgepoint Credit transfers €1.2bn loan portfolio to Pantheon-led continuation vehicle
Bridgepoint Credit has transferred a €1.2bn ($1.4bn) portfolio of European direct-lending assets into a new continuation vehicle led by Pantheon, providing investors in its 2017-vintage fund with an opportunity to either realise their holdings or remain invested, according to a report by Bloomberg.
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