Greensill Capital used Credit Suisse’s now-curtailed supply-chain funds to make a $350m loan to one of the startup’s biggest outside backers, private-equity firm General Atlantic, according to loan documents reviewed by The Wall Street Journal and people familiar with the matter.
The previously unreported loan would be the second example of Greensill lending money to one of its part owners. Last year, executives at Credit Suisse launched a review of the funds it manages with Greensill after becoming concerned about the financial startup’s biggest investor, SoftBank Group, which also benefited from Greensill loans, The Journal previously reported.
