Samsung Life Set to Buy Stake in Private Credit Firm Hayfin

Samsung Life Insurance has agreed to buy a stake in Hayfin Capital Management, joining Mubadala Investment Co. and AXA IM Prime as minority shareholders in the European private credit firm after a management buyout earlier this year.

The latest investment in the London-based lender is the final step in a years-long plan to buy the controlling share in Hayfin that British Columbia Investment Management Corp. previously held, said Tim Flynn, co-chief executive officer at Hayfin.