Kartesia Credit Opportunities Fund IV closes on €870m exceeding original hard-cap.
Category: Transactions Year: 2017
Campbell Lutyens is pleased to announce the final close of Kartesia Credit Opportunities Fund IV on €870 million, exceeding the target of €750 million and original hard cap of €800 million.
Kartesia will continue its proven investment strategy of targeting corporate credit opportunities in the European lower mid-market focussing on primary and secondary markets to offer bespoke financing solutions to corporate borrowers. At final closing, Kartesia was already 35% invested across fifteen deals in seven European countries.
Fund IV closed after less than 10 months of fundraising and exceeded its predecessor by 70% in size. Kartesia received strong support from existing investors as well as securing new commitments from a well-diversified group of global investors, including new investors from Europe, North America and the Middle East.