Revenues at structured credit specialist Cairn Capital, which earlier this year launched one of the first European collateralised loan obligations since the financial crisis, surpassed £30 million in 2012 thanks to strong fund performance and an 80% revenue increase at its restructuring division.

Cairn Capital Group Limited posted accounts for the year to December 31, 2012 at Companies House earlier this week, showing revenues of £30.7 million, up around 18% from £26.1 million a year previous.