|
Laxman Pai, Opalesque Asia: New asset manager Swiss Credit Partners, which offers financing solutions for medium-sized companies in Switzerland, has launched a fund.
Vaudoise Insurances and Swiss Life have jointly made a starting capital commitment of CHF 1.2bn ($1.45bn) to the Luxembourg-domiciled SCP Senior Loan Fund SICAV-RAIF, with Swiss Life making the largest commitment.
The FINMA-licensed asset manager said in a media release that it intends to expand its investor base further, with a particular focus on institutional investors such as insurance companies, pension funds, and asset managers.
"Swiss Credit Partners wants to be a constructive and reliable player in the Swiss market for medium-sized company financing, whether in the form of bilateral loans, syndicated loans, financing commitments or underwriting," explains Matthias Wyder, Managing Director of Swiss Credit Partners AG.
"Our solutions are designed to make the financing process for companies as efficient as possible and to offer a product range that is geared to the needs of these companies. We are delighted to have gained two strong, long-term partners in Swiss Life and Vaudoise Insurances from the outset," Matthias added.
According to the release, medium-sized companies are a mainstay of the Swiss economy. They create jobs, foster innovation, and make a significant contribution to regional value creation. At the same time, many of these companies face structural challenges in the changi...................... To view our full article Click here
|
RSS
