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.).
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Amundi is Europe’s largest asset manager by assets under management and ranks in the top 10 globally. It manages 1,487 billion euros of assets across six main investment hubs. Amundi offers its clients in Europe, Asia-Pacific, the Middle East and the Americas a wealth of market expertise and a full range of capabilities across the active, passive and real assets investment universes. Clients also have access to a complete set of services and tools. Headquartered in Paris, Amundi was listed in November 2015.
Thanks to its unique research capabilities and the skills of close to 4,500 team members and market experts based in 37 countries, Amundi provides retail, institutional and corporate clients with innovative investment strategies and solutions tailored to their needs, targeted outcomes and risk profiles.
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