Elliott backs Olympus Capital Asia continuation fund
Elliott Management is supporting a $450 million restructuring of Olympus Capital Asia’s third fund, which involves taking out a profit participation loan held by Canada Pension Plan Investment Board (CPPIB) as well as buying standard positions from other LPs.
The deal includes a $100 million tranche of senior debt held by the US Development Finance Corporation (DFC) – formerly known as the Overseas Private Investment Corporation (OPIC) – which expired earlier...
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