Artemid holds €400m first close for third debt fund

The fund has already raised nearly as much as its predecessor, which held a final close on €413m in February 2018.

Investors 
The LPs backing the vehicle are both new and existing investors in Artemid, and comprised insurers, mutual insurance groups, French institutions and family offices, pension funds, and foreign insurers. 

Investments
The new debt fund will deploy the same strategy as the previous  funds, providing five- to seven-year senior "bullet" loans ranging from €5m to €40m, and up to €100m in partnership with investors in the Artemid Senior Loan funds. The loans will be provided to small-cap and mid-market borrowers with EBITDA of €8-100m and will be moderately leveraged.

Artemid, a joint venture between Capza and Amiral Gestion, has supported around 50 companies since 2014. 

People
Capza – Laurent Bénard (managing director).
Artemid – Annie-Laure Servel (managing partner).
Amiral Gestion – Nicolas Komilikis (managing director)

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Funds
• France
• France
• Senior debt