Castlelake L.P., a global investment manager specializing in asset-based private credit, has provided a €125 million financing facility to GoByBike, a Finnish company that leases bicycles to businesses and public authorities participating in employee benefit programs. This financing supports GoByBike’s expansion and simplifies its capital structure. Castlelake aims to leverage its expertise in Europe to offer attractive investment opportunities, having invested over €7.2 billion across 18 countries since 2006. GoByBike’s CEO noted that this partnership with institutional investors allows for tailored solutions beyond those from local lenders. Castlelake manages approximately $25 billion in assets globally.