Anna Devine
.jpg "Black Toro Capital holds first close on Fund II")
Spanish special situations manager Black Toro Capital has reached a first close on €136 million for its second fund aided by a commitment from the University of Michigan.
The distressed-for-control investor has increased shareholder equity by €40 million in stainless steel distributor Irestal Group
The global distressed investor is seeking between $2.5 billion and $3.5 billion
The deal comes after the firm held an undisclosed first close in October
.jpg "Bridgepoint set to launch Diaverum refinancing")
The firm aims to raise as much as €900m to refinance the dialysis clinic operator.
Ares and SEB haved backed GMT Communication Partners with a €68m debt package.