North Wind Capital participates in acquisition loan for Swiss financial service business

Special Situations

December 2022

London – December, 2022: North Wind Capital (“NWC”) the UK-based asset manager with a European presence, has participated in the CHF150 million (c. £134 million) financing to support the acquisition of Swiss financial service business by M3 Groupe Holding SA, the Geneva-based real estate and financial services firm.

Amid turbulent market conditions, the loan was successfully syndicated allowing the buyout to be completed after regulatory approvals were secured. Swiss Financial Market Supervisory Authority (FINMA) permitted the change of ownership in September, paving the way for the restructured bank to continue its operations on the basis of its existing FINMA licence under the new name of TradeXBank AG.

Under our Special Situations pillar, North Wind Capital continues to deploy funds into selected private credit and financial services investments that fit within our investment thesis.

ENDS

‍

North Wind Capital participates in acquisition loan for Swiss financial service business

Read Next

Vittoria & Partners LLP appointed investment manager for Hospitality Portfolio

North Wind Capital enters into a partnership with REDD Real Estate

North Wind Capital provide bridge financing for The Latis Group’s Hampshire land ahead of planning approval

North Wind Capital participates in acquisition loan for Swiss financial service business

Clive Bull joins North Wind Capital’s securitisation arm

North Wind Capital arranges mezzanine financing for Bricks Capital’s Silverstone Hilton refi

Financing of iO Partners acquisition of JLL’s businesses in Czech Republic, Hungary, Romania and Slovakia

North Wind Capital and Banor Alternative Assets to launch a £500m pan-European hospitality fund

North Wind Capital finances 41 Upper Grosvenor Street pre-development works with Banor Capital mezzanine loan

North Wind Capital buys £35m Mayfair gem for refurbishment with REDD

North Wind Capital buys private car park as amenity for Mayfair residents

North Wind Capital extends £29.5 million senior loan to fund Fenton Whelan’s Belgravia redevelopment