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Kartesia Credit Opportunities Fund IV

Year: 2017
Campbell Lutyens was exclusive global placement agent on Kartesia’s fourth fund, which closed at €870 million, exceeded the original hard cap of €800 million and closing within 10 months of launch.

Type: Lower mid-market corporate credit opportunities
Year: 2017
Mandate: €870 million
Region: Europe
Asset class: Private debt

The oversubscribed fundraise achieved two key objectives for Kartesia:

  1. Increasing the fund size, which exceeded its predecessor fund by 70%; and
  2. Diversifying the LP base by both type and geography.

In addition to commitments from existing investors, Fund IV secured significant first-time commitments from major US and Middle East investors, as well as thought-leading LPs from Germany and Austria. The fundraise also built Kartesia’s global brand, as a result of outreach to over 420 investors and over 100 unique meetings.

Campbell Lutyens also worked with Kartesia to develop industry-leading marketing materials and bespoke documentation for key LPs, along with wider support on market insights and mapping.