Bregal Sagemount I Adds Credit Strategy, Grows to $650M
October 30, 2014
Bregal Sagemount has announced the launch of a dedicated credit strategy, and in conjunction with the added focus, parent company and limited partner Bregal Investments has increased its Bregal Sagemount I commitment to $650 million. The credit platform is an extension of the focus of the fund, which had closed on $500 million in 2012. The vehicle seeks control and non-control investments of $15 million to $75 million, but can invest up to $150 million in partnership with Bregal Investments. Target sectors include business services, software and technology-enabled businesses, information and media, financial services and healthcare.