Notes to Editors

Babson Capital Europe

  • Babson Capital Europe is a fully owned, indirect subsidiary of Babson Capital Management LLC, a US based investment management firm and part of the MassMutual Financial Group.

  • Babson Capital Europe is a key player in the European loan market, offering existing and potential investors diverse investment opportunities with a variety of risk and return profiles.

  • Babson Capital Europe currently has €6.5 billion under management in various senior loan and mezzanine funds (as at 30th June 2010).

  • CLOs under management include Duchess I, Duchess II (called in April 2007), Duchess III, Duchess IV, Duchess V, Duchess VI and Duchess VII as well as Malin and Fugu CLO. Babson Capital Europe also manages a co-mingled senior loan fund (Babson Capital European Senior Loans Limited), several separate accounts and two mezzanine funds, Almack Mezzanine I & Almack Mezzanine II.

  • Babson Capital Europe is responsible for sourcing, analysing, buying and monitoring assets for all funds under management. All assets undergo a rigorous internal credit approval process carried out by Babson Capital Europe's credit committee and investment team, as well as being independently rated by Moody's and Standard & Poor's (depending on the nature of the fund).

  • Babson Capital Europe's management team is led by Ian Hazelton. Ian has more than 25 years buyout market experience and started the business in 2000, joining from the Royal Bank of Scotland, where he was Managing Director of Leveraged Finance. The management team also includes David Wilmot, former Head of UK Leveraged Finance at Société Générale, with over 20 years buyout market experience; Zak Summerscale, formerly a Senior High Yield Bond Manager at New Flag Asset Management; Oliver Burgel who has been with Babson Capital Europe since inception and joined from London Business School where he worked on private equity and leveraged finance research; and Adam Eifion-Jones, formerly Managing Director of the mid-market Corporate and Structured Finance business within the Royal Bank of Scotland.