Hayfin Capital closes third special opportunities fund

Hayfin Capital has exceeded its target of 2 billion euros for its third special opportunities fund. Hayfin Special Opportunities Fund III’s limited partners include private pension funds, sovereign wealth funds, insurance companies, endowments, consultants, financial institutions, and family offices. The fund will invest in corporate and asset-backed opportunities arising from post-pandemic dislocation and related balance sheet restructurings.

PRESS RELEASE

London, 20 December 2021 – Hayfin Capital Management (“Hayfin”), a leading alternative asset management firm, today announces that it has exceeded its €2 billion target to invest via its Hayfin Special Opportunities Fund III. The successful fundraise comprises Fund III, which has reached a final close, and related separately managed accounts.

Hayfin employs a broad and flexible investment mandate through its Special Opportunities strategy, deploying capital into a range of unique opportunities across industries, markets, and sub-strategies in situations where financing may be scarce. The fundraise provides Hayfin with what the firm believes is the right amount of capital to invest in corporate and asset-backed opportunities arising from post-pandemic dislocation and related balance sheet restructurings.

Hayfin received capital commitments from a broad range of sophisticated institutional investors globally, including public and private pension funds, sovereign wealth funds, insurance companies, endowments, consultants, financial institutions, and family offices. The fundraise extends Hayfin’s established franchise in special opportunities investments, having invested €9 billion across the strategy, inception to date.

Tim Flynn, Chief Executive Officer and Co-Founder of Hayfin, commented: “We continue to see a range of compelling deployment opportunities for our Special Opportunities strategy, offering attractive risk-adjusted returns for our investors. Hayfin has always aspired to be students of the markets in which we invest. We are delighted to have successfully completed a fundraise that we believe is well-timed and right-sized to the market opportunity, while remaining sufficiently disciplined so as not to jeopardise our high underwriting standards.”

Since it was founded in 2009, Hayfin has invested approximately €28 billion of capital across more than 400 portfolio companies.

About Hayfin Capital Management
Founded in 2009, Hayfin Capital Management (“Hayfin”) is a leading alternative asset management firm with approximately €22 billion of assets under management. Hayfin focuses on delivering best-in-class risk-adjusted returns for its investors across its private debt, liquid credit and private equity solutions businesses.

Hayfin has a diverse international team of over 165 experienced industry professionals with offices globally, including headquarters in London and offices in Frankfurt, Madrid, Milan, New York, Paris, La Jolla, Luxembourg, Singapore and Tel Aviv.

Further information can be found at hayfin.com.