New £1 Billion UK Debt Fund Targets Non-Bank Lenders

European Risk Capital (ERC) has launched a new fund for mid-market non-bank lenders; the program is called CreditStream and targets a minimum deal size of £10m across a variety of verticals; the maximum deal size can be in excess of £100m; the fund is described as a debt vehicle that lends to lenders according to Tony Gioulis, ERC’s managing partner. Source