Politics
Bridgepoint Explores €1 Billion Private Credit Secondaries Deal
Key Points
Bridgepoint Explores €1 Billion Private Credit Secondaries Deal Bridgepoint Group is exploring a deal to sell more than €1 billion ($1.15 billion) of private credit stakes in a secondaries transaction, according to people familiar with the matter. The deal could see investors take new positions in a so-called continuation vehicle, a fund made up of pre-existing loans that lets investors who wish to exit cash in. The sale has not been finalized.
Bridgepoint Explores €1 Billion Private Credit Secondaries Deal
Bridgepoint Group is exploring a deal to sell more than €1 billion ($1.15 billion) of private credit stakes in a secondaries transaction, according to people familiar with the matter.
The deal could see investors take new positions in a so-called continuation vehicle, a fund made up of pre-existing loans that lets investors who wish to exit cash in. The sale has not been finalized.