Mediobanca's Cairn Capital to Buy Bybrook Capital
Mediobanca’s Cairn Capital to Buy Bybrook Capital Posted on 02/02/2021 Mediobanca’s Cairn Capital Limited grew its wealth management division with the acquisition of London-based distressed credit specialist Bybrook Capital. Cairn Capital will takeover and merge with Bybrook to create a diversified alternative credit manager with around US$ 8 billion in assets under management. Mediobanca will retain a stake of around 64% in the new group, while the remaining 36% will be held by former Bybrook shareholders and Cairn Capital’s minority investors. Bybrook specializes in distressed credit ...
Source: swfinstitute.org