Macfarlanes advises Hayfin Capital on its sale to bcIMC

02 February 2017

Macfarlanes has advised longstanding client Hayfin Capital, a leading European credit platform managing assets of €8.2bn, on the purchase of a majority shareholding in the firm by British Columbia Investment Management Corporation (bcIMC), one of Canada’s largest institutional investors within capital markets. Macfarlanes advised Hayfin and its management team on all aspects of the transaction including corporate, tax and regulatory aspects.

Hayfin is a longstanding client of the firm (we acted for management on the establishment of Hayfin in 2009 and have acted for the group since) and this sale will provide them with the shareholder support needed to further develop the business and its operations.

The lead partners on this matter were tax partner Damien Crossley and corporate partner Alex Edmondson. Other team members included Alex Amos (investment management), Michelle Kirschner (regulatory), Malcolm Walton (competition), Mike Birkett, Nicholas Page and Chris Daniel (M&A) and Alicia Thomas (tax).

Completion of the transaction is subject to regulatory approval.