Babson opens Australian mezzanine group

US asset manager Babson Capital has set up an eight-person Asia-Pacific mezzanine and private equity finance team – part of an effort to increase its operations in the region. The company has also obtained an Australian financial securities licence. Babson said it will focus on "investments in mezzanine debt and equity securities of middle-market companies located primarily in Australia and New Zealand, as well as select developed countries in Asia, including Hong Kong, Japan, Singapore, South

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