Investcorp raises Mount Row fund to scoop up bargain loans

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Investcorp raises Mount Row fund to scoop up bargain loans

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Home loan, mortgages, debt, savings money for home buying concept. Dollar money bag, small residential, house model and coins on table against green nature background. Exchange of finances and houses. | indysystem - stock.adobe.com

Investcorp said on Tuesday it had raised a new €318m loan fund to acquire "high performing loans at discounted levels" from large cap issuers in the European market. The fund will be leveraged and aim for returns in the mid teens.

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