• Home
  • About Us
  • Contact
  • Your Account
  • Subscribe
No Result
View All Result
Wednesday, February 1, 2023
Alternatives Watch
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
  • Subscribe
  • Log In
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
  • Subscribe
  • Log In
No Result
View All Result
Alternatives Watch
No Result
View All Result

Castlelake buys Nordic lender IMH

Susan BarretobySusan Barreto
May 24, 2022
in Manager News, Private Credit
Castlelake buys Nordic lender IMH

Downtown Minneapolis by twenty20photos/Envato Elements

ShareTweetShareSendSend

The $21 billion Minneapolis alternative investment firm Castlelake made a $150 million investment in IMH, a a Sweden-based specialty lender.

The transaction includes the purchase of IMH’s existing loans and financing facility for the origination of new loans. According to an announcement, IMH lends up to SEK50 million ($5 million) to small- to medium-sized real estate investors and developers to address short term liquidity needs in areas such as construction and operations.

“IMH and its experienced management team are well-positioned to provide capital to a growing but underserved market, and we believe this investment can deliver value to our investors as well as IMH and its stakeholders,” said Philipp Braschel, partner of European Real Assets at Castlelake has invested $3 billion the years in specialty finance.

Since its founding in 2005, Castlelake has acquired more than 7,000 assets across 12 European countries. Castlelake’s recent activity in northern Europe includes $500 million in loans to real estate developers and investors that are actively transitioning assets to more modern usages and more than $600 million in financing facilities to consumer and small business credit originators in the U.K.

According to Jonas Hägerbäck, CEO of IMH, the firm will benefit from Castlelake’s deep expertise in both specialty finance and in the real assets space.

ShareTweetShareSendSend
Previous Post

Cloud-based prime broker Clear Street cements unicorn status

Next Post

Franklin Templeton adds funds to CAIS platform

Related Posts

Atalaya closes special opportunities fund at $1.8bn
Manager News

Atalaya closes special opportunities fund at $1.8bn

NY pension adds $1.2bn across PE, credit, HF and real estate programs
Pensions

NY pension adds $1.2bn across PE, credit, HF and real estate programs

NJ DOI invests with existing alts managers
Pensions

NJ DOI invests with existing alts managers

Vidrio expands Qontigo partnership with portfolio and risk enhancements
Hedge Funds

Vidrio expands Qontigo partnership with portfolio and risk enhancements

By Rawpixel/Envato Elements
Investor News

Nippon Life to invest $1bn add-on to insurer partnership with Blackstone

Next Post
Franklin Templeton adds funds to CAIS platform

Franklin Templeton adds funds to CAIS platform

Log In/Out

Lost your password?

Search the AW Archives

No Result
View All Result

Recent News

Patient Square closes inaugural fund at $3.9bn

Patient Square closes inaugural fund at $3.9bn

MFA welcomes UK regulator's recognition of short selling in ESG

MFA welcomes UK regulator’s recognition of short selling in ESG

Titan’s Morgan reveals how she is keeping up with crypto

Titan’s Morgan reveals how she is keeping up with crypto

CPP invests in India's largest logistics RE markets

CPP invests in India’s largest logistics RE markets

Be an Alts Insider

Sign up for your FREE daily alts news briefing

Subscribe

Subscribe to AW
Alternatives Watch

© 2019-2022, All Rights Reserved  |  BMV Digital

Navigate Site

  • Hedge Funds
  • Private Equity
  • Private Credit
  • RE/Infrastructure
  • Investor News
  • Research
  • Subscribe
  • Log In

Follow Us

No Result
View All Result
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
  • Subscribe
  • Log In

© 2019-2022, All Rights Reserved  |  BMV Digital

Be an alts insider

Start your days in the know with our free newsletter

No, I don't want to be an alts insider

Thank

You!

Follow us
on LinkedIn

Lost your password?

Cookie Consent
We do not use cookies on our website other than those that are strictly necessary for the website to function. By clicking “Accept”, you consent to the use of all six strictly necessary cookies.
Do not sell my personal information.
Cookie Settings Accept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Save & Accept
Powered by CookieYes Logo