French asset manager Amundi has raised €880 million for its third senior debt fund, focused on European mid-cap companies.
Amundi Dette Senior FPE III is Amundi’s largest senior vehicle to date and took 12 months to raise. It has already invested half its funds across 15 transactions.
Amundi said it raised capital from around 20 institutional investors and structured the fund as a French Fonds de Prêt à l’Économie, which makes it easier for insurance companies to access private debt under Solvency II.
