Investment giants Mubadala and AXA IM have made an investment in Hayfin.
Hayfin Strengthens Its Position with Strategic Partnerships
In an exciting development, Hayfin, a leading private credit firm, has entered into strategic partnerships with Mubadala Investment Company and AXA IM Prime. These partnerships will see the Hayfin team become majority owners of the firm's common equity, with each firm acquiring a minority interest from Arctos.
The partnerships aim to support Hayfin's investment strategies, allowing the firm to maintain its disciplined approach while expanding its reach and resources. Mubadala, with its global perspectives and resources, and AXA IM, a firm known for partnering with best-in-class private markets players, bring unique strengths to the table.
For Mubadala, Hayfin's track record, investment discipline, and shared values were key reasons for the partnership. AXA IM, on the other hand, endorses Hayfin's development and long-term objectives of greater team ownership, alignment, and incentivization.
Despite these changes, Hayfin remains committed to its core strategy, investment process, leadership, and day-to-day operations. The firm's focus on generating superior and consistent risk-adjusted returns will not be altered.
The transactions are subject to customary regulatory approvals.
Investment Strategy
With the inclusion of Mubadala and AXA IM Prime as strategic minority shareholders, Hayfin's investment strategies are set to be bolstered. The firm is actively raising its flagship direct lending funds, such as the Hayfin Direct Lending Fund V with a target of €8.5 billion, signaling a continued focus on private credit as a core investment strategy in Europe and beyond.
Long-term Objectives
The strategic partnerships with Mubadala and AXA IM Prime focus on continued growth, greater team ownership, alignment, and incentivization of the firm. The aim is to deliver value to Hayfin's clients, investors, borrowers, and sponsors by leveraging the unique global perspectives and resources of Mubadala and AXA IM Prime.
Operational Approach
Despite the changes, Hayfin's operational approach remains unchanged. The firm's leadership, investment process, and day-to-day operations will not be affected by the new partnerships.
Partnership Benefits
The partnerships offer Hayfin access to global resources and perspectives, supporting the firm's growth and client value delivery. AXA IM looks forward to supporting Hayfin and its team alongside Mubadala and Arctos.
In summary, these partnerships reflect a continuation and strengthening of Hayfin's platform with backing from world-class investors committed to long-term partnerships. The firm's focus on growth, team ownership, alignment, and incentivization, coupled with its disciplined investment approach, positions Hayfin well for continued success in the private credit market.
[1] Hayfin Press Release, [Date] [2] Mubadala Press Release, [Date] [3] AXA IM Press Release, [Date] [4] Hayfin Fundraising Announcement, [Date] [5] Private Credit Market Outlook, [Date]
- The strategic partnerships between Hayfin and Mubadala Investment Company, as well as AXA IM Prime, are expected to bolster Hayfin's investment strategies, as they will provide the firm with additional resources and global perspectives, enabling it to maintain its disciplined approach while expanding its reach.
- The long-term objectives of the partnerships between Hayfin, Mubadala, and AXA IM Prime include continued growth, enhanced team ownership, alignment, and incentivization. The goal is to leverage the unique strengths of each partner to deliver value to Hayfin's clients, investors, borrowers, and sponsors in the finance and business sectors.
