- Advertisement -
- Advertisement -

Related

Evli Launches Private Debt Fund

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – Finnish asset manager Evli has launched a fund of private debt funds to give investors access to illiquid debt markets. Evli Private Debt Fund I will invest in funds with different investment strategies that focus on corporate debt financing in Europe and North America. The fund raised €59 million from investors at the first closing as of mid-May.

“Private Debt funds contribute to meeting the growing demand for corporate debt financing and the reduced supply of traditional debt financing by providing investors with a channel to offer private financing, particularly to companies that do not have any natural access to large financial markets,” Ville Toivakainen (pictured), Portfolio Manager of Evli Private Debt Fund I, comments on the launch. “Most companies need financing over the course of their life cycle, and this means that the loans come in many different types and formats,” says Toivakainen. “Debt financing is therefore much more complex and diverse than equity investing, which provides the investor with an attractive and diversified addition to their overall portfolio.”

“Private Debt funds contribute to meeting the growing demand for corporate debt financing and the reduced supply of traditional debt financing.”

Evli Private Debt Fund I is part of Evli’s unlisted asset class offering and caters to professional investors and a limited number of non-professional clients who can make a minimum investment of €100,000. “Our Private Debt fund will be a global, broadly diversified component of an overall portfolio with clearly predefined investment and allocation objectives,” says Tero Tuominen, Managing Director of Evli Fund Management. “The fund’s strategy allocation is predefined and the fund is not “opportunistic” in terms of its strategy.”

“Our Private Debt fund will be a global, broadly diversified component of an overall portfolio with clearly predefined investment and allocation objectives.”

“The loans granted by the target funds are mainly floating rate, which is very attractive particularly in an environment of rising interest rates,” further elaborates Tuominen. “The asset class is also fast-growing, so both investors and companies in need of funding are increasingly adopting the approach of this asset class, thereby increasing the range of investment opportunities.”

“The asset class is also fast-growing, so both investors and companies in need of funding are increasingly adopting the approach of this asset class, thereby increasing the range of investment opportunities.”

Evli’s alternative investment product offering covers real estate, unlisted equities, private debt, infrastructure and forestry. The asset manager’s portfolio management team focused on alternative investments consists of over 20 investment professionals. Total assets under management in alternative investments amount to around €1.2 billion as of the end of March. “Evli’s alternative investments unit is very strongly resourced and the fund team has a long experience in both private equity and private debt investing and fund selection,” says Tuominen.

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

Three Danish Hedge Funds Recognized by the Hedge Fund Journal

Three Danish hedge funds have been recognized at the 2025 Hedge Fund Journal CTA and Discretionary Trader Awards. Two funds managed by Danske Bank...

Private Equity in Transition: Challenges and Opportunities

Private equity has matured into a mainstream – if not cornerstone – allocation for institutional investors. Following years of record fundraising and valuation expansion,...

Formue Highlights Private Credit’s Role in New Economic Era

Nordic wealth manager Formue has long prided itself on delivering institutional-grade investment solutions to high-net-worth individuals. As global economic conditions shift, Formue sees an important role...

Chelonia Select Builds on Solid 2024

Stock-picking hedge fund Chelonia Select is off to a strong start in 2025 with an 8.3 percent gain through the end of May, building...

CABA Capital Expands the Flex Series

Danish fixed-income boutique CABA Capital has launched the third vintage of its leveraged, closed-end fixed income strategy: CABA Flex3. The fund aims to deliver...

Aegon AM Launches Capital Call Finance Fund

Aegon Asset Management has launched the Aegon Capital Call Finance Fund, providing institutional investors with access to the capital call finance market – a...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.