Haymarket Financial, a new lender backed by UK buy-out group TowerBrook Capital Partners, has launched in London with $700m in permanent capital, highlighting how investors are seeking to take advantage of the gap in the availability of corporate credit. The group, which also has a proprietary debt trading and an investing and fund management business, is expected to apply some leverage to its equity to bring lending capacity to over $1bn, making it one of the biggest financial services groups to set up this year in the UK.

This entry was posted by Gwen Robinson on Tuesday, December 15th, 2009 at 4:57 and is featured in The 6am Cut London (15 Dec 2009) . Tagged with Haymarket Financial, Tower Brook. Edit this entry.