STAMFORD, Conn., Oct. 30, 2013 /PRNewswire/ -- Olympus Partners announces the sale of its investment in Neptune Finance CLS, Ltd. Stamford, CT based Olympus formed Neptune to create a diverse portfolio senior second loans in April 2008 to take advantage of the massive decline in the pricing of senior loans due to the fear in the financial markets. Olympus more than doubled its investment in Neptune over the period.
This investment is a continuation of Olympus' focus on financial services transactions which have accounted for more than twenty percent of the capital invested over the life of its funds. Financial services investments have included insurance and reinsurance carriers (Ariel Re, Talbot Underwriting, Aspen Re, Tempest Re), insurance brokerage (T&H Group), commercial finance (Churchill Financial) and banks (Country Banc, Eldorado Bank).
Founded in 1988, Olympus Partners is a Stamford, Connecticut-based private equity firm focused on providing equity capital for middle market management buyouts and for companies needing capital for expansion. Olympus is an active, long-term investor across a broad range of industries, including healthcare services, financial services, consumer products and business services.
Olympus manages more than $5.5 billion on behalf of sophisticated investors including corporate pension plans, state retirement systems, sovereign wealth funds and university endowment funds.
SOURCE Olympus Partners
