Hayfin aiming to raise Europe's largest private credit fund at 6b Euro

Hayfin, a UK investment firm, is planning to launch Europe's largest private credit fund in 2023 with the close of Hayfin Direct Lending Fund IV, which is expected to raise over €6 billion. Despite a challenging financing market, appetite for private credit funds remains strong, with 23 funds closing in 2021 worth a combined value of €29 billion.

Hayfin believes the sluggish recovery of the leveraged finance market presents an attractive lending environment for the middle market. In addition to established private debt investors, generalist private equity firms like The Carlyle Group are expanding their private credit divisions to meet the growing demand for capital from portfolio companies.

https://hayfin.com/