Beechbrook raises GBP 151m for SME credit fund
Beechbrook has announced the first close of its latest SME credit fund, UK SME Credit IV, with GBP 151m raised out of a target of GBP 250m

Beechbrook hires new managing director to expand UK direct lending business
London-headquartered Beechbrook Capital has hired Richard Smart as managing director tasked with growing the European lower-mid-market debt manager's UK direct lending strategy

Credit funds at a glance (December 2023)
A round up of fundraising and people moves in credit

Beechbrook holds £170 million second close on direct lending fund
Beechbrook Capital has held a £170 million second close on its third UK lower mid-market direct lending strategy

Beechbrook appoints chariman for Irish SME fund
The appointment is in conjunction with Beechbrook's first investment in the Irish SME fund, which held a first close in July 

Beechbrook adds ex-Lloyds official to lead deal origination in midlands
UK-based direct lender Beechbrook Capital has added a former Lloyds Banking Group official to lead deal origination in the Midlands

Beechbrook rolls up sleeves and begins fundraising
Beechbrook Capital is aiming to start fundraising for its fourth European sponsored debt fund in the fourth quarter. But the firm will take a slightly different approach to its previous funds.

Beechbrook earns backing from fund-of-funds operator as it launches Irish SME strategy
Lower-mid market lender Beechbrook Capital has held a €35 million first close on its new Irish-focused private credit strategy

Credit funds at a glance

A round-up of fundraising and people moves in credit

Beechbrook hires head of DACH to lead new Frankfurt office
Beechbrook Capital, a lower mid-market direct lender, has hired an investment director for the DACH region (Germany, Austria and Switzerland) from German bank Mainzer Volksbank to lead a new office

Beechbrook completes £128 million first close for UK direct lending fund
The manager's second UK-focused sponsorless fund has gained the attention of British Business Bank 

Beechbrook edges towards first close for £300 million UK SME fund
Strathclyde Pension Fund has mandated £30 million to Beeechbrook UK SME Credit II, which will target a 8%-9% net IRR

Beechbrook eyes sponsorless opportunities with new UK SME credit fund
London-headquartered Beechbrook Capital is looking to launch its second UK SME credit fund, Luxembourg filings reveal

Direct lender Beechbrook tots up 50th direct lending deal
London-based direct lending fund manager Beechbrook Capital has added two new investments, according to an announcement

Direct lending fund manager Beechbrook hires for Manchester office
Jon Petty joins Beechbrook as an associate director from Deloitte

Beechbrook UK fund hits 51% deployment mark
Beechbrook Capital’s UK direct lending fund is now 51% invested with the London-based manager noting that it has now deployed £77 million ($98 million) from its UK SME Credit I fund

Beechbrook buys two more mezz loans for latest private debt fund
Beechbrook Capital has announced the completion of two new investments for its Private Debt III fund

Beechbrook heads up north to open Manchester office
Direct lender Beechbrook Capital has opened up a new office in Manchester, according to an announcement this morning