Global Trade Review Article: Baghdadi Capital takes equity share in Dublin-based trade finance provider

Trade-focused fund Baghdadi Capital has completed a strategic investment in Teybridge Capital Europe, a Dublin-headquartered specialist in working capital solutions and trade finance. 

As well as taking an equity share, Baghdadi Capital will facilitate an initial funding line of £50mn, with the aim of gradually increasing this to around £500mn. 

The investment has been structured as cash-in only, with management teams retaining full autonomy over daily operations to mitigate risk concentration and increase decentralisation, Baghdadi Capital said.  

Clients of the family fund – led by former Barclays global head of trade and working capital Baihas Baghdadi – will now be able to access Bridge, Teybridge’s proprietary platform. 

Bridge provides digital onboarding, operational management and near real-time funding, and has funded more than £400mn in trade finance and working capital loans since 2022, the firms said. 

The fresh investment has tripled Baghdadi Capital’s client base and accelerated its expansion into the UK and Ireland, it said.  

The fund hopes the investment will also strengthen its presence in the US, and along commercial corridors between its core market of Spain and the US, the UK and Ireland.  

Read the full article here: Visit Global Trade Review