Certior raises €51m

The Finland-based FoF has held a first close on its second credit opportunities fund.

Certior Capital has raised €51 million for Certior Credit Opportunities Fund II at its first close, with a target of €300 million. By far, the capital is raised from local Finnish investors.

Fund II will target SME direct lending opportunities through funds and co-investments in European region including Norway, Switzerland and the UK.

Fund II’s predecessor, Credit Opportunities Fund, which closed on €87 million in October 2016, has invested 70 percent of its capital.