London investment firm extends £300m partnership with US investment house
London based specialist investment firm Quilam Capital has extended its partnership with US investment house Wafra Capital Partners Inc with a new £300m strategic investment.
The joint venture, which initially formed in 2019, builds upon the existing funding across the existing Quilam Capital business, with a further £300m of investment capital to deploy.
The continued support of WCP, supports Quilam’s goal of becoming Europe’s leading investor to the speciality finance market and takes the capital available to deploy to £600m.
WCP is a New York based investment manager with experience in asset-based finance and real estate investments. WCP deals in structured finance, venture debt, equipment leasing and finance, transportation finance, real estate finance, and other specialty finance transactions, and its team has been operating in these arenas since 1999.
Quilam co-founder and partner Kieran McSweeney said: “The first two years of the strategic partnership with WCP has proven very successful with us backing a number of high growth businesses and working alongside great management teams.
“WCP are experienced investors and understand our market. The partnership presents an exciting opportunity for both parties”.
Marc Sefton, Quilam co-founder and partner added: “This fresh capital enables us to make much larger investments, but with the flexibility to fund the whole lifecycle of businesses, from early stage/fast growth, all the way to significant growth capital into established platforms.
“We believe the further expansion of our capital base will provide the platform to enter our next period of growth and capitalise on the wealth of opportunities we are seeing”.
Rachid Ouaich, managing director of WCP in Europe, commented: “Our attitude towards risk, views on the specialist finance market and importance of long-term investment relationships are perfectly mirrored by the Management Team at Quilam and we believe our partnership can become a market leading franchise in the UK and beyond.”
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