Beyond the gaze of the banks

Hidden behind the fiercely competitive sponsored market, Spain is beginning to wake up to the opportunity offered by sponsorless deals. Ignacio Díez of Trea Direct Lending assesses progress to date and future potential.

This article was sponsored by Trea Direct Lending and appeared in the May 2019 issue of Private Debt Investor magazine.

Trea Direct Lending is a Spain-based manager with offices in Barcelona and Madrid, currently raising its second fund, targeting €150 million-€200 million. The fund focuses on providing senior secured loans to family-owned companies, mostly in Spain, and is part of Trea Asset Management, a €4.6

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