Bain Capital and Smith Hill Capital Form Join Venture
BOSTON and NEW YORK—Bain Capital Special Situations and Smith Hill Capital, an affiliate of Procaccianti Companies, announced the formation of a joint venture to originate debt and preferred equity to serve the financing needs of companies and assets in the hospitality sector. The platform launches with the objective of deploying $1 billion of gross capital over the next several years. The joint venture will initially focus on new loan originations and debt refinancing exclusively in […]
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