Leveraged Finance
The Leveraged Finance team participates in senior and mezzanine debt supporting European leveraged buy-outs. As part of the continued strategy to grow the debt fund management business, the team successfully closed its first sole-managed Collateralised Loan Obligation (CLO) fund, Contego CLO I B.V. (“Contego”), in July 2007. In addition, Rothschild is the investment adviser to Quintus European Mezzanine Fund (“Quintus”) which started its investment programme in January 2008.
With 15 professionals operating out of offices in London, our business is focussed on four key areas:
Leveraged Participations:
Rothschild is a long-standing participant in the UK and European leveraged debt markets covering larger buyouts where debt is typically over €250m. We currently have a portfolio of circa €500m of leveraged loans on balance sheet.
Fund Management:
Rothschild is the sole-manager of Contego with €300m under management.
Rothschild has a dedicated mezzanine team and is the investment adviser to Quintus. We consider mezzanine opportunities throughout Western Europe, both alongside senior debt provided by Contego and the balance sheet, and on a standalone basis. Typical mezzanine investment size is €3-30m.
Secondary Trading:
We have an active secondary trading desk, which helps to source assets for Quintus, Contego and the balance sheet, as well as taking proprietary positions.
For further information, please contact:
Phil Yeates
+ 44 (0)20 7280 5000