Sankaty Acquires €100M Loan Portfolio

Bain Capital’s credit unit, Sankaty Advisors, has bought a €100 million portfolio of loans.

Bain Capital’s credit unit, Sankaty Advisors, has bought a €100 million portfolio of loans, AltAssets reports. The portfolio, which mainly consists of mezzanine loans along with senior and second lien loan, was acquired from CapitalSource. Sankaty Advisors will manage the new acquisitions through its European mid-market portfolio. Sankaty’s middle market opportunities fund is the anchor investor in the portfolio.

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