Guggenheim Investments has closed a $1.2bn (£0.94bn) personal credit score automobile led by Apollo S3.
The $1.2bn invested within the automobile displays roughly equal quantities of fairness commitments and financing.
The transaction was co-led by Pantheon, and included investments by Coller Capital, Antares Capital, GCM Grosvenor, Atalaya Capital Administration and a fund managed by Hamilton Lane.
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“We imagine this transaction exemplifies Guggenheim’s dedication and skill to ship revolutionary and distinct choices particularly tailor-made to handle our purchasers’ wants, and aims,” stated Dina DiLorenzo, president of Guggenheim Investments.
“We stay up for persevering with to offer our purchasers with entry to driving methods and world-class merchandise throughout personal credit score and different areas that target their efficiency aims.”
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Kevin Gundersen, head of Guggenheim Company Funding – the personal credit score funding supervisor of Guggenheim Investments – stated that the transaction is a “a testomony to our wealthy origination pipeline and sturdy underwriting infrastructure.”
Guggenheim Securities served because the unique placement agent to Guggenheim Company Funding. Latham & Watkins supplied authorized counsel on the transaction, whereas Clifford Likelihood acted as authorized counsel for Apollo S3 and Hogan Lovells acted as authorized counsel for Pantheon.
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