John Bakie
The deal is part of a new strategic partnership between the firms that will accelerate CAPZA’s growth in European SME investing.
The credit manager has hired ex-Citigroup executive Olivier Renault to lead the new strategy and will launch a fund.
Real estate debt has remained popular even through the challenges of covid, but investors must be alive to changing dynamics. John Bakie reports
The fund has already committed to 65 aircraft in 13 transactions.
The fund manager received a substantial cornerstone investment to co-invest in emerging market credit focused on making developing economies more sustainable.
Former BlackRock executive Anis Ghamgui has joined Pemberton to lead its efforts to develop closer relationships with investors in the Middle East.
The fund has raised €435m of a €750m target to invest in capital-intensive businesses in the infrastructure sector.
The deal will free up liquidity for existing investors, while allowing a new group of investors to gain exposure across three Eurazeo vehicles consisting of senior and subordinated debt and equity.
Private debt fundraising is recovering from the lows of 2020, but the covid pandemic has changed the way LPs and GPs interact.
Demand for capital in the wake of the covid crisis has led to record deal volumes for private debt funds. We take a look at what's driving that trend.