US EditionCredit firm Bayview considers minority stake sale - Private Equity Wire
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Credit firm Bayview considers minority stake sale - Private Equity Wire
Bayview Asset Management, a $20bn credit-focused investment firm, is exploring strategic liquidity options, including the potential sale of a minority equity stake, according to a report by Bloomberg citing unnamed sources familiar with the matter. The Coral Gables, Florida-based firm – led by Chairman and CEO David Ertel – is also weighing other alternatives such as a net asset value (NAV) loan, a structure increasingly used by private capital …
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