Showing posts with label Park Square Capital. Show all posts
Showing posts with label Park Square Capital. Show all posts

Tuesday, April 5, 2011

Park Square closes $1.2 bln loan fund

LONDON, April 5 (Reuters) - Credit fund manager Park Square Capital has closed a new 850 million euro ($1.2 billion) fund, Park Square II, targeted at mezzanine loan investments, having kicked off the fund at the height of the credit crisis.

The new fund has been raised from investors in Europe, Asia and North America, with pension funds, insurance companies and sovereign wealth funds making up 80 percent of the capital commitments, Park Square said.