An extended financing offering
Amundi's Private Debt business line, created in 2012 and integrated a year ago into the Real and Alternative Assets division, has launched a new activity dedicated to financing real estate assets and strengthening its leveraged loans activity. Following the successful closing of the third vintage of its senior corporate debt fund, this division intends to develop a broad range of private debt solutions for clients.
With EUR 5.5 billion under management at the end of September 2017, Amundi's private debt platform led by Thierry Vallière is a recognized player in the European private debt market.
To meet the needs of its institutional clients, Amundi is launching a new expertise in private real estate debt management, led by Bertrand Carrez who joined the group in September.
Pedro-Antonio Arias, Director of Real and Alternative Assets, explains: "With the addition of this new real estate debt management expertise, the real and alternative asset platform now offers a complete range of real estate solutions to its clients".
This follows the development in Amundi’s leveraged loans management in Europe with the arrival in late June of Thierry de Vergnes as Head of Acquisition Debt Funds.
These two new recruits strengthen the Group’s teams bringing experienced and recognized professionals to the hubs in Paris, London and Milan. The private debt division is intended to participate in the financing of companies and their projects (LBOs, investments, external growth, etc. ) and also real assets (real estate, aeronautics and agribusiness).
Thierry Vallière, Director of Private Debt Activities at Amundi, comments: "In a context of persistently low interest rates, Amundi offers attractive and diversified investment solutions to its clients who contribute to the financing of the real economy".
EUR 665m in commitments for the closing of the new senior private debt fund dedicated to the financing of European companies
With its experience and record track record in the private corporate debt market, Amundi announces at the same time the successful closing of the third vintage of its senior corporate debt fund with 665 million euros raised from 13 institutional investors.
Like the previous vintages, the fund "Amundi Dette Senior FPE III" has the label “Loan Fund for the Economy (FPE)” and will support French and European SMEs, from 75 million turnover, in the financing their projects (investment, external growth, refinancing, etc.).
Amundi, the leading European asset manager, ranking among the top 10 global players, offers its 100 million clients - retail, institutional and corporate - a complete range of savings and investment solutions in active and passive management, in traditional or real assets.
With its six international investment hubs, financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape.
Amundi clients benefit from the expertise and advice of 5,300 employees in more than 35 countries. A subsidiary of the Crédit Agricole group and listed on the stock exchange, Amundi currently manages more than €2.0 trillion of assets.
Amundi, a trusted partner, working every day in the interest of its clients and society
- Source: IPE “Top 500 Asset Managers” published in June 2021, based on assets under management as at 31/12/2020
- Boston, Dublin, London, Milan, Paris and Tokyo
- Consolidated internal Amundi and Lyxor workforce as at 01/01/2022
- Amundi data including Lyxor as at 31/12/2021