Leading maritime investment firm Hayfin Capital Management has gained financial backing to complete a management buyout.

Hayfin, whose maritime department is led by Andreas Povlsen, remains one of the more active alternative investment managers in the maritime space, with about $4bn of capital investments, including $500m committed to its Maritime Yield strategy.

Managers of the UK-based alternative asset platform have teamed up with private investment firm Arctos Partners to buy out the majority stake held by institutional investor British Columbia Investment Management Corp (BCI).