Houlihan Lokey Advises NorthEdge Capital

Houlihan Lokey is pleased to announce that NorthEdge Capital SME Fund I has held a final close at its hard cap of £120 million. The fundraise closed on July 2, 2018.

Houlihan Lokey served as the exclusive placement agent to NorthEdge Capital.

The new fund will target businesses across all industry sectors in the North of England and Midlands region, investing £2 million to £10 million in growth and development capital, management buyouts, equity release, and buy-and-build opportunities.

NorthEdge Capital's £315 million Fund II will continue to invest alongside SME Fund I. As of June 30, 2018, Fund II has invested over £150 million in 11 companies. NorthEdge Capital operates from offices in Manchester, Leeds, and Birmingham with £650 million of funds under management.

Houlihan Lokey's Private Funds Group provides a comprehensive array of capital-raising and strategic advisory services to alternative asset managers. The team is organized globally, with dedicated project management and distribution capabilities. Since 2015, the team has advised on over 20 transactions.