Beechbrook holds first close on latest debt fund

The fund will provide loans of between £3 million and £15 million to non private equity-backed businesses

Beechbrook Capital, a UK-based private debt firm, has held a first close on its latest debt fund, according to a statement.

The firm held its first close - the point at which it can begin investing capital - at £103 million, according to Paul Shea, a partner and co-founder of Beechbrook.

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