Private Debt III Fund closes above target and at hard cap of €1.5 billion
The final close of our third private debt fund took place ahead of schedule at €1.5 billion. The initial fundraising target of €1.0 billion for the Capital Four Private Debt III - Senior has been well exceeded with commitments from new and long-standing investors and capital being raised from insurance companies, endowments as well as pension funds. With a deployment rate of more than 90% at hard close, the Fund was deployed ahead of schedule, allowing the successor fund (Private Debt V - Senior) to launch earlier than planned during the summer.
The successor fund follows the same investment strategy and focuses exclusively on bilateral senior secured financings to companies located in the Nordics, DACH and BENELUX. It will invest only in companies with an EBITDA of €10 - 20 million, which have a strong and resilient profile as well as competitive market positions. In addition, a large part of the loans included in the portfolio will be sustainability-linked, making Private Debt V - Senior compliant with EU SFDR Art. 8.
Sandro Näf, CEO and Founding Partner at Capital Four, says: “The interest of the investment community in sourcing, structuring and investing in private debt instruments has increased. Through the consistent expansion of our investment platform, combined with our 20+ years investment expertise, we have built one of the leading direct lending platforms in the Nordics and Northern Europe. This enables us to provide our investors with unique investment opportunities from the lower mid-market, characterised by attractive risk/return profiles.”
MEDIA CONTACT
If you’d like more information on this release, please contact:
Jakob Gammelgaard, Partner
Tel: +45 3525 6128
E-mail: jakob.gammelgaard@capital-four.com
Moritz Leinwand, Institutional Client Portfolio Manager
Tel: +45 3138 9613
E-mail: moritz.leinwand@capital-four.com