Amundi’s Private Debt Division raises nearly €900m for its largest ever senior debt fund
Amundi, a recognised player in the Private Debt market, announces the successful closing of its third and largest ever senior debt fund, with €880 million raised twelve months after launch. This strategy, dedicated to the financing of European mid-cap companies, attracted capital from around twenty institutional investors. Half of the funds initially raised have already been invested in fifteen transactions.
Like its predecessors
Thierry Vallière, Global Head of Private Debt at Amundi, explains: “Successfully closing a flagship fund with around twenty investors in twelve months underlines our position as one of the leaders in the European mid-cap financing market. Our ability to successfully deploy capital has allowed us to support more than 120 French and European SMEs since 2012, with risk-adjusted return conditions in line with our ambitious targets.”
Launched in 2012 and integrated into the real and alternative asset platform in 2016, Amundi’s private debt division (which includes senior corporate debt, agricultural private debt, leveraged debt, real estate debt) is headed by Thierry Vallière and totalled €7.2 billion in assets under management at 30 endSeptember 2018.
Amundi is Europe’s largest asset manager by assets under management and ranks in the top 10
Thanks to its unique research capabilities and the skills of close to 4,500 team members and market experts based in 37 countries, Amundi provides retail, institutional and corporate clients with innovative investment strategies and solutions tailored to their needs, targeted outcomes and risk profiles.
Visit www.amundi.com for more information or to find an Amundi office near you.