CDC To Offer EM Debt Services

U.K. fund-of-funds manager, CDC Group, is looking to offer debt services this year.

U.K. fund-of-funds manager, CDC Group, is looking to offer debt services this year, Bloomberg reports. The firm is planning to help companies issue debt or invest in firms that may arrange borrowing, according to CEO Richard Laing.

CDC appointed a specialist to help it address the huge debt requirement in Africa, added Laing. The private equity investor has over $4 billion in about 140 leveraged buyout funds and direct investments.

Click here for the story from Bloomberg.