Hayfin Capital Management
Europe-focused alternative asset manager deploying senior-secured direct loans to upper mid-market and large-cap companies, predominantly PE-sponsor-backed.
What they do
Hayfin is a London-headquartered alternative asset manager founded in 2009, operating across private credit, liquid credit, and private equity solutions. Its flagship Direct Lending strategy provides senior-secured, floating-rate loans to middle and upper mid-market European companies, with over €23 billion deployed through that strategy alone since inception. The firm works predominantly with private equity sponsors across LBO financings, add-on acquisitions, and refinancings, complemented by a non-sponsor origination capability. Alongside direct lending, Hayfin runs Special Opportunities and Tactical Solutions strategies that address more complex or bespoke capital needs across the capital structure.
Where they fit in a lower-mid-market raise
Hayfin is relevant when a PE-backed business in the European upper mid-market — typically with significant EBITDA and an established sponsor — requires a large senior or unitranche facility, often in excess of €50–100m. Their scale and multi-fund platform means they can hold large bilateral positions, co-underwrite, and provide certainty of execution at size. They are particularly active in healthcare, technology-enabled services, and business services sectors where sponsors seek a single, relationship-based lender.
Where they are not the fit
Hayfin is not a fit for the UK lower mid-market. Their fund scale (flagship funds in the €6–7bn range) and publicly evidenced deal flow (individual transactions in the hundreds of millions of euros) place their deployment appetite well above the £3–15m facility band. Companies without private equity sponsorship are rarely their primary target, and businesses below a substantial EBITDA threshold are unlikely to meet their portfolio construction criteria. Non-sponsor, owner-managed businesses seeking sub-£20m facilities should look to dedicated lower mid-market or challenger lenders.
On the record
Hayfin Capital Management LLP is incorporated as an LLP in England and Wales (company number OC346320), registered at 65 Davies Street, London W1K 5JL, and has been active since 11 June 2009 (formerly Haymarket Financial LLP until 2013).
Hayfin Capital Management LLP is authorised and regulated by the Financial Conduct Authority.
Hayfin has invested over €36 billion of capital across more than 440 portfolio companies since its founding in 2009.
The Direct Lending strategy has deployed over €23 billion since inception across performing senior-secured loans to middle and upper mid-market European companies.
Hayfin Direct Lending Fund IV closed with capital commitments in excess of its €6 billion target, with total available capital expected at or near a €7 billion hard cap.
From Q3 2022 to Q2 2023, Hayfin invested €1.1 billion across nine sponsor-backed financings in the UK and €2.8 billion across 25 sponsor-backed deals globally.
In February 2026, Hayfin led a €550 million refinancing for Juvisé Pharmaceuticals, comprising €400m of existing debt and a €150m new capex line.
Hayfin won Marine Money's 'Private Credit Deal of the Year' in April 2025 for a $355 million bilateral acquisition facility supporting the STAR Capital and Ackermans buyout of V.Group.
Arctos Partners completed a management buyout of Hayfin in 2024; Mubadala and AXA IM Prime subsequently joined as strategic minority shareholders.
This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.