July 1, 2021
In the last three years, we have directly originated and deployed more than €1.5bn to support businesses in the Nordics & Northern Europe with committed capital from our Private Debt investors.
Recently, we had the great pleasure of celebrating the launch and 1st close of our Private Debt Fund IV with an expected AuM in excess of EUR 500m. This fourth fund targets higher yielding directly originated mid-market lending. It can support sponsors and businesses through a multitude of tailored financing solutions and instruments across the capital structure, ranging from senior unitranche to junior debt and subordinated Payment-In-Kind HoldCo loans.
Fund IV comes as a natural supplement to our previous funds. Our latest, Private Debt Fund III - Senior, had a 1st close in August 2020 and currently stands at EUR 1bn+ AuM. This Fund III is exclusively targeting the senior secured 1st Lien debt layer in the capital structure.
We are excited about continuing to assist and support more businesses and their owners, existing as well as new, with bespoke financing solutions, now with even more flexibility. We look forward to engaging on specific opportunities in the near future.