Reported about 2 months ago
Hunter Point Capital is in the process of raising $425 million through a new investment vehicle, which will be backed by its existing fund. This initiative aims to provide cash returns to investors by issuing notes linked to its Hunter Point Capital Fund I, which holds interests in various private equity firms. With the current slow pace of deal-making, private equity firms are increasingly seeking alternative capital sources to facilitate payouts to investors.
Source: YAHOO