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PEI Reports on OakNorth Bank's First Subscription Line Facility to Bluegem Capital Partners
August 21, 2020 | Issue No. 91

This week Private Equity International reported on a recent deal completed by a relatively new challenger bank* in the fund finance space, OakNorth Bank: its sub-line facility to customer-focused PE fund, Bluegem Capital Partners. Have a read to find out more about how OakNorth is participating in the often untapped space of smaller sub-line lenders (£5 - £25M), offering bespoke facilities in a matter of weeks (even amid these unprecedented times!). 

*A challenger bank is a term often used in the UK and Europe to describe a small, recently created retail bank that competes directly with longer established banks often by specialising in areas which the bigger banks have had a monopoly over.

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