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General Atlantic acquires Iron Park Capital and forms General Atlantic Credit

General Atlantic, a global growth equity firm, is to acquire Iron Park Capital Partners (Iron Park), a global investment manager with deep experience across public and private credit markets, to create General Atlantic Credit (GA Credit).

GA Credit will expand and enhance the firm’s ability to provide creative capital solutions to high-quality companies in need of a strategic partner at multiple stages of corporate and economic lifecycles. Tripp Smith, CEO and founder of Iron Park, will be CEO of GA Credit.

Iron Park currently offers a range of credit solutions that are rooted in a robust and well-developed investment process designed to meet the specific needs of investors and borrowers. The firm’s investment offerings include funds that invest in both the public and private credit markets, including Atlantic Park, a joint venture formed with General Atlantic in 2020.

Atlantic Park provides structured equity and debt financing to businesses around the world that require capital to support M&A, refinancing, recapitalisation and growth initiatives. To date, the joint venture has committed over $2.2 billion to 13 companies.

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