Armen to acquire a 16% stake in Chorus Capital.

Armen, a European investment firm focused on buying stakes in private equity houses, agreed to acquire a 16% stake in Chorus Capital, a European alternative credit manager specialised in bank risk-sharing transactions. Financial terms were not disclosed. The transaction marks Armen’s third purchase since it was founded in 2022. Last year, it bought a stake in Rgreen Invest, which focuses on energy transition infrastructure project investment. It also acquired a minority stake in Private Corner in France.