– Hayfin announced strategic partnerships with Mubadala Investment Company and AXA IM Prime (part of AXA IM – BNP Paribas Group), on behalf of one of its investment funds.
– As part of the deal, Mubadala and AXA IM Prime will each acquire a minority stake in Hayfin from Arctos Partners.
– The transaction leverages Mubadala’s and AXA IM Prime’s capabilities to support Hayfin’s investment strategies.
– This follows Hayfin’s management buyout (MBO) in February, backed by Arctos via its Keystone strategy, enabling Hayfin’s team to become majority owners.
– To enhance the MBO, Hayfin and Arctos sought to diversify the firm’s institutional ownership with strategic minority shareholders.
– Mubadala, AXA IM Prime, and Arctos will now jointly support Hayfin’s long-term goals, including team ownership, alignment, and incentivisation.
– Hayfin’s strategy, investment process, leadership, and operations will remain unchanged.
– Transaction completion is subject to regulatory approval.
– Tim Flynn, Co-Founder and Co-CEO of Hayfin, welcomed Mubadala and AXA IM Prime as long-term partners, praising their global resources and alignment with Hayfin’s vision.
– Omar Eraiqat of Mubadala cited Hayfin’s track record and values, calling the partnership a reflection of Mubadala’s conviction in the firm.
– Gilles Dusaintpère of AXA IM Prime expressed pride in partnering with Hayfin, endorsing its strategy of team alignment and long-term growth.