– Kartesia raises €1.3 billion for its sixth-generation credit opportunities strategy, Kartesia Credit Opportunities (KCO) VI.
– Strong demand from global Limited Partners (LPs), including notable participation from US, European, Middle Eastern, and Asian investors.
– Over 25 new institutional investors joined the strategy, accounting for nearly 50% of total capital.
– Private wealth investor commitments doubled from previous fund, now representing over 20% of total capital.
– 50% of the fund already deployed across high-quality investments, showing strong borrower demand and execution capability.
– KCO strategy active since 2013, focused on European lower mid-market, mainly sponsorless deals through primary or secondary origination.
– Previous vintages have returned over €2.3 billion to investors with IRRs exceeding 14%, placing Kartesia among top-tier managers.
– The strategy aligns with SFDR Article 8 standards, reflecting Kartesia’s commitment to responsible investing.
– Kartesia offers a multi-strategy platform, including senior credit opportunities, asset-based finance, impact strategies, and a new ELTIF in partnership with Candriam.
– The group is expanding into adjacent strategies to meet evolving client needs.
– Bouvier Laurent, Managing Partner, highlighted success despite macroeconomic headwinds, noting continued investor support and high borrower demand.
