Announced

Arctos to acquire Hayfin from BCI for €1.3bn.

Synopsis

Arctos Partners, a private investment firm, agreed to acquire Hayfin, an independent investment firm, from British Columbia Investment Management, a provider of investment management services, for €1.3bn ($1.4bn). “This is an exciting new chapter that will support Hayfin’s ongoing growth while preserving our core identity and operational autonomy. Arctos has a best-in-class, like-minded team that recognizes the enormous opportunity available to investors in the credit markets today, and their experience only enhances our ability to serve our investors, borrowers and sponsors. Our long-standing team is grateful to BCI for the last seven years of successful collaboration, and we look forward to a continued relationship with them as an investor in our products,” Tim Flynn, Hayfin Co-Founder and Chief Executive Officer.

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