Egidio Carlino and Jordan Shrem joined Z Capital Group, a privately held global investment firm, as a director and a senior associate, respectively. Both will be members of Z Capital Credit Partners’ investment team.
CVC Credit priced Apidos XXXIV, a CLO fund totalling $402.5 million, as the company’s second CLO priced in the last month, following the pricing of Cordatus XVIII. Together these funds total c.$850 million of new issuance.
CVC Credit Partners priced Cordatus XVIII, a collateralized loan obligation fund totaling $447,697,125(€382.5 million) and arranged by Deustche Bank.
CVC Credit Partners provided a $92 million multicurrency first lien credit facility to Calibre Scientific, a life sciences and diagnostics business owned by StoneCalibre.
CVC Credit Partners raised $657 million for its second U.S.-focused direct lending fund, CVC Credit Partners U.S. Direct Lending Fund II. The fund will follow the same strategy as its predecessor fund and invest in established U.S. middle market businesses.
CVC Credit Partners has provided the first lien funding for Vision Growth Partners’ expansion of Alline Salon Group and going forward will further support the growth strategy through the provision of a delayed draw term loan facility.
CVC Credit Partners has provided a unitranche loan and a dedicated acquisition facility to Sabio, a customer experience solutions provider and managed services business, backed by Horizon Capital.
CVC Credit Partners acted as administrative agent on a first lien senior secured credit facility for Industrial Physics. The company used the proceeds to finance an acquisition and refinance existing debt.