– CAPZA announced record fundraising of over €1 billion for Artemid Senior Loan IV (ASL IV) and related vehicles
– The total includes around €700 million for ASL IV, €190 million in co-investments, and €120 million for an evergreen fund dedicated to one institutional investor
– The latest generation raised 75% more than its predecessor, highlighting strong and growing investor demand
– Around twenty French and European investors participated, with one-third being new clients
– The investor base includes historical partners such as insurers, mutual insurance groups, French institutional investors, and family offices, alongside new subscribers including pension funds and foreign insurers
– The success confirms the relevance of the strategy and the robustness of the team’s long-term track record
– The Artemid Senior Loans strategy focuses on bullet senior debt with five- to eight-year maturities for unlisted European companies
– Target companies typically have EBITDA between €8 million and €100 million and moderate leverage
– Financing supports acquisitions and corporate growth initiatives
– The Artemid Senior Loan range now manages €1.6 billion in assets
– The strategy is part of the private debt and alternative credit platform formed by AXA Investment Managers’ alternatives business and BNP Paribas Group
– More than 60% of ASL IV capital is already deployed
– ASL IV and co-investment vehicles have financed over 25 companies
– Individual investments range from €10 million to €50 million
– Over 90% of transactions integrate non-financial criteria, particularly ESG, to support sustainability progress
– The team has expanded strategically and now includes seven experienced professionals
– The team expansion includes a Director based in Munich, supporting European growth ambitions
– ASL IV has completed first investments in Germany and Italy
– The strategy continues to expand in the Netherlands and Spain
– Operations are supported by CAPZA teams in Paris, Milan, Munich, Madrid, and Amsterdam
– CAPZA plans to launch a new Artemid Senior Loan vintage in 2026
– The next vintage will follow similar criteria, offering bullet senior financings with five- to eight-year maturities
– Total Artemid fundraisings now exceed €2 billion
– More than 90 mid-cap companies have been financed across all Artemid strategies
– Annie-Laure Servel stated that renewed trust from existing investors and the arrival of new international clients confirm the strength and relevance of the strategy
– Christophe FRITSCH noted that the fundraising exceeded initial targets and attracted 30% new investors
