30 Aug 2012
3i closes acquisition of Invesco management contracts
The five CLOs, Petrusse CLO S.A., Alzette CLO S.A., Garda B.V., Coniston B.V. and Axius CLO S.A, are primarily invested in sub-investment grade debt issued by European companies.
For further information, contact:
3i
Kathryn van der Kroft Tel: +44 20 7975 3021
Email: kathryn.vanderkroft@3i.com
Notes to editors:
About 3i Group
3i is a leading international investor focused on mid-market private equity, infrastructure and debt management across Europe, Asia and the Americas. www.3i.com
About 3i Debt Management
3i Debt Management specialises in the management of third-party funds investing in non-investment grade debt issued by medium and large European and US companies. 3i Debt Management was founded through the acquisition of MIM in February 2011 and as at 31 March 2012 had total AUM of approximately £3.4 billion.