Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

23683

Arena, SB Capital and 360 Merchant Solutions to fund Scargo Hill Capital

RELATED TOPICS​

Arena Investors has joined SB Capital Group (an affiliate of Schottenstein) and 360 Merchant Solutions in a partnership to fund new institutional asset management firm Scargo Hill Capital and its investments. 

The partnership provides Scargo Hill with the capital to finance senior secured private credit investments that address a substantial market dislocation in the lower middle-market, especially across emerging growth retail companies, consumer wholesale brands and companies in situations requiring transition capital.
 
“Arena actively seeks to partner with industry experts and proven asset managers that provide access to niche origination strategies and unique investment opportunities and this is exactly what SB Capital Group, 360 Merchant Solutions and the Scargo Hill team bring to the market,” says Scott Gold, managing director of Arena Investors. “We are excited about our partnership to capitalise Scargo Hill. This investment will complement Arena’s industry expertise in asset-based consumer and retail finance.”
 
“As seasoned private credit investors, we view Arena’s investment in Scargo Hill as further market validation of our platform and approach,” says Andrew H Moser, managing partner and chief executive officer, Scargo Hill Capital.
 
Scargo Hill will use the funding to provide tailored senior secured capital to lower middle-market companies concentrated on retail, consumer products and the broader supply chain. The firm’s primary focus is on providing transition capital to fuel “turn-ups”, emerging companies and consumer brands.
 
“We believe that we are uniquely equipped to fill the void left by many lenders, providing borrowers with timely, relevant capital solutions,” says Thomas J. Lynch, managing partner and chief risk officer, Scargo Hill Capital.

Latest News

New research from Carne Group reveals fund managers expect alternative asset classes to see the..
Brown Brothers Harriman & Co has expanded its relationship with AllianceBernstein (AB), by adding to..
The trading and investment platform eToro has extended its proxy voting feature to all stocks..

Related Articles

The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by