Kartesia prepares to price debut CLO
EXCLUSIVE: The private debt specialist and CLO equity investor is currently marketing its first CLO offering to investors

Euro CLO investors seek good entry points in the mezz as spreads widen
EXCLUSIVE: As European double B tranches widen beyond 600bps, investors are observing rather than investing while they look for the best entry points in the mezz

New York Life Investment Management and Candriam increase Kartesia stake to 80%
The two firms previously held 33% of the ownership of the private debt company, which is expected to enter the European CLO market soon

Kartesia taps Fortress director and CLO management specialist for new role
EXCLUSIVE: Kartesia's new hire follows reports that the CLO investor is planning to enter the European CLO management space

Signs of stress emerging in loan market since start of Q4 – Kartesia
EXCLUSIVE: Spreads on triple C-rated assets have increased by 62bps since the start of October, Kartesia’s research has found

European Investment Fund backs Kartesia’s asset finance fund
The EIF has invested EUR 50m in the Flexam Invest-managed Kartesia Asset Finance III fund, bringing the fund’s commitment to almost EUR 200m.

Kartesia looking to launch CLO management business in Europe
It would make Kartesia the latest European private debt outfit to look at breaking into the European CLO management space in recent months, as investor demand continues to grow

Kartesia completes EUR 1.3bn fund close; almost half raised from new investors
KCO VI also saw “significant growth” in commitments from private wealth investors, which accounted for more than 20% of the fund’s total capital

Candriam, Kartesia will open new ELTIF private credit fund to institutional investors
ELTIF products are usually marketed toward individual investors but this new fund will also be open to institutions  

Candriam partners with Kartesia on private debt fund for European retail investors
European private debt firms Candriam and Kartesia are launching a private debt fund for individual investors via European Long-Term Investment Fund 

European credit specialist raises EUR 1.8bn for private debt fund
New senior debt strategy invests exclusively in first lien secured loans and will target lower middle market European companies

CSAM regains best manager throne
Upstart CLO managers overtook more experienced rivals at last year’s Creditflux Manager Awards, but CSAM and other large firms, such as PGIM, emerged victorious in London this time around

Credit fundraising: Audax scores big in lighter month
Fundraising markedly dropped in May, but credit funds still amassed $12.8 billion and 10 credit funds reached final closes across a variety of different strategies

Credit funds at a glance (June 2021)
A round up of fundraising and people moves in credit

Kartesia closes €1.5 billion credit opportunities fund
Kartesia has closed its fifth credit opportunities fund, Kartesia Credit Opportunities V, at €1.5 billion

Credit funds at a glance (May 2021)
A round up of fundraising and people moves in credit 

Fund managers brace for EU’s new sustainability regulations
European fund managers were faced with new environmental, social and corporate governance (ESG) regulations in March, which enhance disclosure requirements around sustainability

Kartesia amasses €1 billion for inaugural senior direct lending fund
Kartesia has held a €1 billion final close of its inaugural senior debt fund, Kartesia Senior Opportunities I

Kartesia prioritises ESG with newly created role
Kartesia says it has appointed Coralie De Maesschack as head of ESG and corporate, social responsibilities (CSR) in a newly-created role

2020 wrap: CLO funds bloom despite rocky ground
2020 was a busy year for CLO fundraising, with Creditflux recording at least 30 funds that launched over the 12 months to invest across the CLO capital structure

Candriam and NYL buy stake in European direct lender
Candriam and its affiliate New York Life Investments Alternatives have bought a minority equity stake in a pan-European private debt firm

Kartesia makes several European direct lending hires
Direct lender Kartesia has made several hires to its team in London, Luexmbourg, Madrid and Paris

Kartesia hires from BNP Paribas after launching first standalone CLO strategy
Kartesia has hired to its structured credit team having launched a first dedicated CLO strategy this year, officials at the company confirm