Kartesia Credit Opportunities Fund IV
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
Mandate: €870 million
Asset class: Private debt
The oversubscribed fundraise achieved two key objectives for Kartesia:
- Increasing the fund size, which exceeded its predecessor fund by 70%; and
- 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.