BCI anchors Arini European direct-lending fund with US$200 million

BCI reported on June 20, 2025 that it had committed US$200 million as an anchor investor to Arini Direct Lending Fund, which focuses on European middle-market borrowers. The fund was launched through an alliance between Arini Capital Management and Lazard. BCI also described the possibility of more than US$400 million in future co-investments if opportunities met its criteria, but this was an option rather than executed funding. The commitment expanded BCI's access to European private credit opportunities and its pool of general-partner relationships across negotiated debt and co-investment strategies.