Hedge Funds

RiverRock in second closing for SME direct lending vehicle


RiverRock European Capital Partners has completed the second institutional closing for its European Opportunities Fund (EOF) following investment from major UK and continental European institutional investors.

EOF is a five-year investment vehicle providing direct lending to strong, small to mid-sized businesses looking for growth or working capital. It typically invests between €5 million and €15 million in each company and works actively with management to strengthen and expand their businesses.

Following the second close, the fund has around €120 million in commitments. It will hold its final closing in June.

“Opportunities in the European lending space continue to