Apera closes its second private debt fundraising at 1.27 billion euros
LONDON–(BUSINESS WIRE)–Apera Asset Management (“Apera”), a pan-European middle market private debt investor, is pleased to announce the successful fundraising of Apera Private Debt Fund II (“Fund II”) and associated vehicles, raising total investable capital of 1.27 billion euros. Apera’s private debt strategy focuses on senior secured unitranche financings across Europe. The capital raised exceeds the initial target of €800 million and reflects the quality of Apera’s investment platform and its performance in providing private credit in its main European geographies.
The effective execution of Apera’s strategy has been well received, with strong support from existing and new investors, including pension funds, insurers and endowments from Europe and North America. Apera’s gradual rollout through 49 investments has led its assets under management to reach €2.2 billion and Fund II has already committed a significant portion of its capital.
Klaus Petersen, founding partner of Apera, said: “We are pleased to announce the successful fundraising of our second Private Debt fund. We thank our existing investors for their continued confidence in our investment strategy and our team, and welcome our new investors.
We have developed one of the leading private debt platforms in Europe and see a great opportunity to leverage this growth by partnering with leading private equity sponsors and mid-market companies to access risk /attractive returns in our key markets. We will continue to focus on attractive yields and strong downside protection, backed by strong underwriting discipline, to deliver strong returns to our investors.
Apera’s private debt strategy focuses on senior secured financings in the UK, German-speaking Europe (DACH), Nordic region, France and Benelux. Target investments range from €15 million to €100 million, with a focus on providing capital solutions to strong businesses that demonstrate downside resilience, competitive market positioning and attractive growth prospects. Apera has offices in Munich, London, Paris and Luxembourg.
Campbell Lutyens acted as global placement agent for Apera during the fundraising.
Apera is a pan-European middle market private debt investor operating in the UK, DACH, Nordic, France and Benelux. The firm develops long-term partnerships with private equity investors, SME borrowers and advisors by providing tailored financial solutions that meet both operational needs and clients’ growth objectives, while delivering returns attractive. Apera is dedicated to bringing a new standard of transparency to the private debt market. Apera Asset Management LLP is authorized and regulated by the UK Financial Conduct Authority (FCA). Apera Asset Management GmbH is authorized and regulated by the German Federal Financial Supervisory Authority (BaFin) and the Chamber of Commerce and Industry of Munich and Upper Bavaria. Apera Asset Management GmbH – French branch is authorized and regulated by the BaFin, the Prudential Control and Resolution Authority (ACPR) and the Financial Markets Authority (AMF).
This is a marketing communication regarding Apera Private Debt Fund II (“Fund II”). Fund II has had its final closure; a subscription for participations in the fund is therefore no longer possible. Investors interested in Apera and its funds should, taking into account this information on Fund II, consider that an investment in Fund II involves a high degree of risk and is only suitable for investors capable of evaluating and assume the risks it represents. There can be no assurance that Sub-Fund II will be able to achieve its investment objectives or that investors will receive a return of their capital. Investors interested in investing in an Apera fund should refer to the respective fund’s private placement memorandum before making any final investment decisions.