YIELCO closes debt fund

The Germany-based fund of funds manager has raised €675 for its latest vehicle.

  • Fund name: YIELCO Private Debt
  • Amount raised: €675 million
  • Stage of fundraising: First close
  • First close date: January 2020
  • Target IRR: 4% to 7%
  • Fund life: 10+1+1
  • Amount invested to date: €135 million

The YIELCO Private Debt fund of funds held a final close with €325 million of German and Swiss institutional capital and a further €350 million private debt mandate. The fund is managed by YIELCO Investments and focuses on senior secured loans in the lower mid-market in Europe.