Artemid raises €413m

The mid-cap financing joint venture closes second senior debt vehicle.

Artemid Senior Loan 2 held a final close at €413 million in February 2018, surpassing its initial target of €350 million to €400 million. Capital for the securitised vehicle was raised from fewer than 20 investors, including the European Investment Fund. The firm plans to invest between €20 million and €25 million per transaction, targeting the French mid-cap market.

The firm’s debut fund, closed at €345 million in October 2015.