Azimut Alternative Capital Partners exits minority stake in RoundShield Partners

• RoundShield is a European credit investment manager with $5.4 billion in AUM

• Harrison Street acquired a 60% equity interest in the firm from RoundShield's management and Azimut Alternative Capital Partners

• Azimut Alternative Capital Partners exited its minority interest generating a MOIC of 1.4x for itself and its co-investor in RoundShield (funded $48 million of its larger commitment to RoundShield and received $67 million in deal proceeds and distributions)

• Azimut Alternative Capital Partners, after two pre-fund exits completed, now has a pre-fund DPI of 2.9x and IRR of 60%

• Advisors: RoundShield (Lincoln International, Sidley Austin LLP), Harrison Street (DLA Piper)

You can also see our LinkedIn post here.