Babson Capital Management Realizes 250th Mezzanine Investment in North America, Plans to Expand Platform in 2016
CHARLOTTE, N.C., Oct. 27, 2015 /PRNewswire/ -- Babson Capital Management, one of the world's leading asset management firms with more than $223 billion in assets under management, today announced that its Global Private Finance Group has realized its 250th mezzanine investment in North America. In addition, the firm has increased staff to support its global private finance efforts, and plans additional hires in 2016.
For more than 25 years, Babson has been a provider of capital solutions to middle-market companies, and the firm has been actively expanding its origination and investment capabilities since 2013 as many traditional financiers reduce their footprint in the leveraged finance market. Babson's Global Private Finance group includes teams in the U.S., Europe, Asia and Australia, and offers a comprehensive suite of solutions including middle-market senior and second-lien loans, unitranche, subordinated debt and equity co-investments. The firm maintains relationships with over 100 private equity sponsors globally.
"At Babson, we are focused on delivering investment solutions that meet our clients' needs," said Eric Lloyd, Babson's Head of Global Private Finance. "With a global platform, we are well-positioned to seek value up and down the capital structure, and across North America, Europe and Asia-Pacific. Achieving 250 realizations in the North American mezzanine market is a notable milestone and supports our strong belief that a consistent local market presence combined with a commitment to building long-term relationships are critical to investing successfully in private finance. We are grateful for the continued partnership of the many private equity sponsors who have worked closely with us over the years."
About Babson Capital Management
Babson Capital Management LLC is one of the world's leading asset management firms, with over $223 billion in assets under management as of September 30, 2015. Through proprietary research, analysis and a focus on investment fundamentals, the firm and its global affiliates develop products and strategies that leverage its broad expertise in global fixed income, structured products, middle market finance, commercial real estate, alternatives and equities. A member of the MassMutual Financial Group, Babson maintains a strong global footprint with operations on four continents and clients in over 20 countries. Learn more at www.babsoncapital.com
Media Contacts:
Brian Whelan, Babson Capital Management, 704.805.7244, [email protected]
David Coburn, Luquire George Andrews, 704.552.6565, [email protected]
Logo - http://photos.prnewswire.com/prnh/20140618/119196
SOURCE Babson Capital Management
Share this article