Hyland Hill Investment Partners, an alternative credit investment firm focused on acquiring small balance private loans in North America, has closed its inaugural Hyland Hill Fund I at $250 million in capital commitments.
The fund will look to generate rates of return by investing in opportunities in private credit and adjacent asset classes, including real estate owned by lenders, operating businesses that are adjacent to private credit and joint ventures investing in private credit. The fund’s opportunistic mandate and investment process aims to allow Hyland Hill to provide recovery capital to borrowers as well as acquire loans across both the business and household sectors. The firm also intends to originate recovery loans secured. by commercial real estate.
“We estimate that the U.S. loan market is between $15-20 trillion in size and growing, and believe we are well positioned to become a financing solution of choice in an attractive segment of the market often under-trafficked by other investors,” comments Jason Spaeth, CEO and CIO of Hyland Hill.