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Sponsored Azimut Alternative Capital Partners is acquiring a minority equity stake in Pathlight Capital, an asset-based lender based in Boston. Jeff Brown, CEO of New York-based AACP, which is the U.S. subsidiary of European asset manager Azimut Group, said the deal involves buying a stake that represents about 20 percent of the firm, as well as contributing permanent capital to grow Pathlight’s business and help the firm invest more capital in its own products and align itself with investors. “When we started the process in March, we had lunch outside,” Brown said. “Ultimately, this is a people business and the chemistry has to be right. We don’t want to do hundreds of deals. We want the best properties out there.” ....
Middle East start-up Workfam joins disruptive tech portfolio of GELLIFY and Azimut prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Azimut Alternative Capital to buy a stake in U.S. private credit investment manager Pathlight opalesque.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from opalesque.com Daily Mail and Mail on Sunday newspapers.
Workfam receives co-investment from GELLIFY, Azimut wamda.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wamda.com Daily Mail and Mail on Sunday newspapers.
Azimut Group takes stake in Pathlight Capital pionline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pionline.com Daily Mail and Mail on Sunday newspapers.