Olympus Partners sells Neptune Finance investment

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Olympus Partners, a Stamford-based private equity firm, has sold its investment in Neptune Finance CLS. It did not release the identity of the buyer.
The firm formed Neptune to create a diverse portfolio of senior second loans in April 2008 to take advantage of the massive decline in the pricing of senior loans due to the fear in the financial markets.
Olympus, an active, long-term investor in a range of industries, including health care services, financial services, consumer products and business services, more than doubled its investment in Neptune over the period.
This investment is a continuation of Olympus’ focus on financial services transactions which have accounted for more than 20 percent of the capital invested over the life of its funds.
Financial services investments have included insurance and reinsurance carriers (Ariel Re, Talbot Underwriting, Aspen Re, Tempest Re), insurance brokerage (T&H Group), commercial finance (Churchill Financial) and banks (Country Banc, Eldorado Bank).
Founded in 1988, Olympus Partners manages more than $5.5 billion on behalf of investors including corporate pension plans, state retirement systems, sovereign wealth funds and university endowment funds.

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