Key Takeaways
- • Amundi has raised nearly €200m (£167.7m) at the initial closing of Amundi Senior Private Debt V, its fifth-generation private debt fund, according to Alternative Credit Investor.
- • The fund targets institutional investors in France and invests in senior secured loans to mid-sized companies with EBITDA between €15m and €50m.
- • The fund is classified as Article 8 under the EU's Sustainable Finance Disclosure Regulation and will use sustainability-linked loans tied to environmental and social performance indicators.
- • Julien Paycha, head of corporate private debt and direct lending at Amundi, said the capital raised has already begun to be deployed.
Summary
The strategy targets mid-sized companies in sectors including healthcare, technology and B2B services, as well as energy and digital transitions and businesses supporting European sovereignty and competitiveness. The fund invests in senior secured loans to companies with EBITDA of €15m to €50m.
The vehicle is classified as Article 8 under the EU's Sustainable Finance Disclosure Regulation and incorporates the United Nations Sustainable Development Goals. Accordingly, it will invest through sustainability-linked loans tied to responsible performance indicators covering both environmental and social pillars.
Julien Paycha, head of corporate private debt and direct lending at Amundi, said the fifth vintage reflects the strength of a franchise that has proven its ability to build diversified and resilient portfolios through market cycles. He added that the capital raised has already begun to be deployed in line with the firm's investment discipline.
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