News & Press Releases

Paris, May 14, 2025 – Corinthia Global Management, a leading private credit platform, today announced its role as lead lender in supporting Latour Capital’s refinancing of Hygie31, the leading provider of services to the health and wellness ecosystem of pharmacies, optic centres, and medical equipment stores in France. This refinancing, which closed on Monday, marks a significant milestone in Hygie31’s continued expansion and reinforces its position as a key player in the French and European healthcare sector, notably through the increase of available financing to fund growth.

Corinthia’s exposure will be held across several Corinthia-managed vehicles and is part of a broader financing package that will support Hygie31’s ongoing growth.

This latest deal aligns with Corinthia’s strategy to focus on opportunities in the core-middle market (companies with EBITDAs between $10-100mn). This is an area in which the team has built deep relationships, based on trust and reliability, with the private equity community over many years.

Alice Foucault, Managing Director, European Investments at Corinthia Global Management, said: “We are delighted to partner once again with the outstanding management team at Hygie31 with the support of Latour Capital. Our long-standing relationship, built on trust and deliverability over the years, has enabled us to support the company to great success. This new financing will contribute to help Hygie31 pursue its mission of making healthcare accessible to as many people as possible and to consolidate its role as a European leader in the sector.”

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Notes to editors

For further information, please contact:

Tavistock
James Verstringhe / Henry Adefope
Tel: +44 (0) 7916 348 011
Corinthia@tavistock.co.uk

About Corinthia Global Management Limited

Corinthia Global Management Limited is a leading, technology-enabled private credit platform operating across Europe, America, and Asia Pacific regions to originate and manage global private credit investment opportunities for its investment partners worldwide. The platform delivers scale and a world class team to drive market leading returns in the growing subsector of core mid-market private credit. For further information about Corinthia Global Management Limited, visit www.corinthiagm.com.

About Latour Capital

Latour Capital is an independent French asset management company with an entrepreneurial culture and extensive operational experience. With €4bn under management and a team of thirty professionals, Latour is positioned as an active investor, working closely with the management of its portfolio companies.

Focusing on companies with strong growth potential in France and abroad, Latour Capital benefits from the strategic vision of its two active founding partners, Cédric Bannel and Philippe Léoni, who have brought together a team of Partners with solid operational experience. Latour Capital thus highlights the specialised expertise of its team, with 50% of its partnership now made up of former managers, contributing to the development and growth of its portfolio companies.

For more information: http://www.latour-capital.com

About Hygie31

With a network combining sales of €3.3 billion and spanning over 1,500 pharmacies in France and Spain as of 2024, Hygie31 is a major player in the healthcare sector, offering a comprehensive suite of services and brands to its affiliates. The group’s mission is to make healthcare accessible and to reinforce the role of pharmacies as primary healthcare providers in Europe.

Start-up led by Cromwell founder and ex-Barings Global Private Finance heads

 London, 14^th March, 2024 – Australian investment veteran Paul Weightman has launched Corinthia Global Management Limited (“Corinthia”), a new private credit investment management platform and portfolio manager. Corinthia aims to generate attractive risk-adjusted returns for investors by investing in private debt instruments while offering flexible financing for borrowers.

Ian Fowler and Adam Wheeler, Co-heads of Barings’ Global Private Finance Group, will be joining Corinthia management. Prior to joining Corinthia, Ian was a member of Barings’ North American, European and Asia-Pacific Private Finance Investment Committees, and President of Barings BDC, Inc. (NYSE: BBDC). He has a proven track record of building businesses and portfolios in the middle market asset class, with experience of investing over $40bn in senior, unitranche, second lien, mezzanine, and equity investments in over 1000 platforms since 1998.

Adam was also a member of Barings’ North American, European and Asia-Pacific Private Finance Investment Committees and has 30 years’ industry experience in middle market and mezzanine investing. Prior to his time at Barings, he worked for AMP Capital Investors as the head of the Australian and New Zealand Private Debt business where he was responsible for managing a team that originated, arranged, and invested in mezzanine and related private debt financings.

Joining Ian and Adam will be numerous former colleagues from the Baring’s Global Finance Group from Europe, Asia, and the United States, including Mark Wilton, Alice Foucault, Ben Gillet, Joe Buckley, Matt Carty, Magnus Lilja, Sabih Hussain, Priyanka Surya, April Gagnon, Camilla Klang, Philip Ashley, Natasha Sahi, Mark Flessner, Brian Baldwin, Salman Mukhtar, Sunny Khorana, Nathan Bourne, and Pierre-Henry Quantin.  Also joining will be Volker Samonigg, Head of Capital Relationship and Management, Alexander Vaulkhard and Kelsey Tucker, the former Global Head of Operations for Barings. The team will commence with Corinthia on expiry of their gardening leave and post termination restrictions.

Corinthia will aim to meet the increasing appetite for innovative private credit solutions that match the demand for financing with sophisticated investment structures and quality management teams. It will focus on the origination and management of private credit investment opportunities for its partners, offering them global access to deal opportunities across hundreds of sponsors that will enable superior origination and a high level of investment selectivity.

Corinthia has put in place financial backing from Nomura, with Nomura committing capital to be managed by Corinthia and receiving a minority shareholding in the new platform.

Paul Weightman, Executive Chairman of Corinthia Global Management Limited, said: “Our platform aims to change the way that investors and borrowers access private credit opportunities, bringing together the skills and experience of a leading management team, cutting edge technology and a commitment to transparency and trust.

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