The United Kingdom’s Hayfin Capital Management has completed a fundraising process for its Maritime Yield strategy, having secured $400 million in capital commitments for the fund from a diverse group of both new and existing investors. The mix included insurance companies, pension funds, family offices and infrastructure funds.
Hayfin has a sizable Maritime industry footprint with continuous investment activity across direct lending, alternative credit, leasing and ship ownership, complete with an in-house ship management platform, Greenheart Shipping.
The Maritime Yield strategy will invest across each of the industrial maritime sectors, with a focus on acquiring top-specification assets that generate predictable and uncorrelated cash yields from blue-chip counterparties. Hayfin said it will have the capacity to acquire up to $1 billion of shipping assets when coupled with conservative debt financing.
Nino Mowinckel, managing director, maritime funds at Hayf