Babson Capital Europe has announced it has successfully extended the maturity of its EUR 1bn Duchess I fund. This is the first time the life of a European Collateralised Loan Obligation Fund (CLO) has been extended instead of being called or allowed to amortise before the end of its reinvestment period.
DVI Equity Partners, Frontline Ventures and Enterprise Ireland also take part
Newcomer Target Global and existing investor Round Hill Ventures also take part in the round
GP invests €7.3m in the France-based point-of-sale merchandising equipment provider
Azimut appoints Jeffry Brown as CEO of AACP; Brown previously worked at Dyal Capital Partners