Skip to main content

Posted: 01 Apr, 2021

(London – 30 March 2021) Bantry Bay Capital Limited (“Bantry Bay” or the “Company”), the specialist lender, has established a joint venture partnership with funds advised by Elliott Advisors (UK) Limited and its affiliates (together “Elliott”). Elliott Advisors (UK) Limited is an affiliate of Elliott investment Management, L.P., the global fund manager with approximately $41.8 billion in assets under management.

Bantry Bay will benefit from the deep financial resources of Elliott to support the next stage of its growth. The specialist lender will continue to provide supportive, non-dilutive debt capital solutions to corporates undergoing change. Bantry Bay focuses on asset-based financings, targeting transactions ranging from £10m to £100m+ for private and publiclylisted companies across a wide array of industries.

Jonathan Levine, Partner at Bantry Bay, said: “Our joint venture with Elliott is an important step forward for our business. We are well-positioned to support corporate needs with flexible capital, at a time when the current environment has created even greater uncertainty for business.

Richard Monahan, Associate Portfolio Manager at Elliott, said: “We are pleased to be partnering with a pre-eminent team at Bantry Bay to capitalise on a growing opportunity in the market and to provide much needed liquidity support to businesses underserved by traditional debt sources".

For more information, please visit www.bantrybay.co.uk
 

About Bantry Bay

Bantry Bay Capital Limited is a specialist lender which provides supportive debt capital solutions to corporates undergoing change. Bantry Bay focuses on asset-based financings for private and publicly-listed companies across a wide array of industries. Independently run by its founder management team, Bantry Bay is a joint venture partnership established with Elliott, the global fund manager.
 

About Elliott

Elliott Investment Management L.P. manages approximately $41.8 billion of assets. Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest funds under continuous management. The Elliott funds’ investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. Elliott Advisors (UK) Limited is an affiliate of Elliott Investment Management L.P.

 

Contact details

Bantry Bay Capital Limited

Tracey Holland -  tracey.holland@bantrybay.co.uk T: +44 (0)20 3011 4029

 

Elliott Advisors (UK) Limited

Sarah Rajani CFA - srajani@elliottadvisors.co.uk T: +44 (0)20 3009 1475


Back to News

TMA news

15 Jun, 2021

Bounce Back Loans: Repayments Begin

Last week, thousands of small businesses were due...

27 May, 2021

Returning to the Workplace: Board Considerations

The disruption caused by Covid-19 presented...

21 May, 2021

The Importance of being different? In partnership with RSM

On 19th May TMA hosted a webinar in partnership...

Sponsor news

22 Jun, 2021

Hotels & Hospitality - Life after Lockdown, 12 months on

On 17th June, Part 4 of our webinar series with Colliers saw a panel of experts discuss the...

21 Jun, 2021

We are delighted to welcome Colliers as a Large Company Sponsor

On behalf of Paul Davies, TMA UK President we are delighted to welcome Colliers as a Large Company...

Tweets

TMA UK @UK_TMA · yesterday

TMA UK are delighted to welcome @Colliers_UK as a Large Company Sponsor of our organisation. Read in full here… twitter.com/i/web/status/1…

TMA UK @UK_TMA · 7 days ago

The first event will be a virtual fireside chat on the 24th June with Richard Fleming and Michael Corner-Jones of A… twitter.com/i/web/status/1…

JCR

June 2021