Debt
Alcentra closes European direct lending fund on €5.5bn
Predecessor held a final close on €4.3bn in 2017 and had an average ticket size of around €100m
LGT's Crown European Private Debt II fund closes on €1.35bn
CEPD II's original target was €800m, and it held a first close on $725m in August 2018
Quaestio holds €635m interim close for private debt fund
Quaestio Private Markets Funds - European Private Debt provides debt financing to European SMEs
ThinCats launches £100m PE-dedicated lending platform
Platform will invest £250,000-15m in initial sponsor-backed deals and back existing PE portfolio firms
Beechbrook holds first close on £128m
Fund was launched in August with a target size of £250m and a £300m hard-cap
L-Gam closes second fund on €772m
Launched in mid-2018 with a €650-750m target, L-Gam II held its final close in December
Kreos Capital holds €700m close for sixth growth debt fund
Fund is larger than its predecessor, Kreos Capital V, which closed on its €400m hard-cap in 2016
Alantra holds €150m interim close for second debt fund
Alantra Debt Fund II increases its target size to €175m and its hard-cap to €200m
Tikehau IM holds €2.1bn close across funds
Tikehau IM's four vehicles, focusing on direct lending, were launched around a year ago
Three Hills closes third fund on €540m hard cap
THCS III exceeds its €400m target, attracting LPs from Europe, North America and Australasia
EMZ Partners to launch ninth fund
After closing EMZ8 on €815m in 2017, EMZ plans to officially return to the fundraising trail in Q2
Golding receives commitments in excess of €900m
Golding is expected to hold a first close of the fund-of-funds in the next couple of weeks
Finint holds €51.6m first close for debt fund
PMI Italia II has a €150m target and invests in Italian companies with revenues of up to €500m
Talde launches €100m debt fund
Talde Deuda Alternativa intends to invest between €5-15m in 7-12 European SMEs
Oquendo Capital launches €150m senior debt fund
GP expects to hold a first close in Q1 2019 and a final close before the end of the year
EQT raises €2.3bn for Mid-Market Credit II fund
Available capital, four times the size of its predecessor, includes anticipated leverage
Green Arrow holds €136.2m final close for private debt fund
Fund inherited the portfolio of Quadrivio Private Debt after the GP was acquired by Green Arrow
TDC hires assistant portfolio director ahead of raise
Hire brings the lender's headcount to 10 ahead of the launch of its third debt fund
KKR, Schroders back Neos direct lending JV
KKR is the principal investor in the vehicle and is drawing the investment from its credit funds
Resilience Partners targets final close for direct lending fund
Spanish direct lender is targeting a February 2019 final close for its maiden fund
Pemberton targets €2.5bn for second European debt fund
Vehicle's 2016-vintage €1.2bn predecessor is now understood to be fully deployed
Tikehau holds first close, launches fund
French GP's TGE II backs SMEs across western Europe with EBITDA in the €5-50m range
Pillarstone, FVS launch €400m fund
Fund will invest in distressed SMEs based in the north of Italy by deploying tickets of around €20m
Green Arrow nears close for two funds
Investment firm Green Arrow Capital wholly acquired Italian GP Quadrivio Capital in November
