Barcelona-based Trea Direct Lending is this week announcing a first close for its second fund targeting sponsorless direct lending in the Spanish market.
The fund is a follow-up to the firm’s first sponsorless direct lending fund, which posted a final close on €70 million in April last year.
So far, the firm has only reached out to Spanish investors and is backed by FOND-ICO, the Spanish government-backed fund of funds, as well as family offices and institutional investors including pension funds and insurance companies.
