- Advertisement -
- Advertisement -

Related

RFP: Nordic Institution Eyes Opportunistic Private Credit

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – A Nordic institution plans to allocate pproximately €10-15 million to a private credit fund focused on opportunistic or special situation direct lending. According to Global Fund Search, the investor is exploring opportunities within the European opportunistic and special situation private credit space, with a potential commitment to such a strategy in 2025.

Search Criteria

  • Strategy: Corporate direct lending strategies in the European opportunistic/special situation space. Preferably senior secured.
    • Hard restriction: No exposure to tobacco producers.
  • Return target: Net IRR of 15% or higher measured in EUR (after hedging costs)
  • Timing: Funds that are targeting Final Close no earlier than Q2-2025 
  • Geography: Europe
    • Global funds are also possible of interest, but no pure Asian funds etc.
  • Fund term:
    • Investment period: 2 – 4 years from Final Close
    • Total term: 7 – 10 years

Investment vehicle

  • A traditional closed-ended structure (could possibly consider open-ended/evergreen with option to structure the investment as a closed-ended fund
    • Hard restriction: Opaque fund structures

Deadline
October 10, 2024 (Cut-off: Midnight CET, Expiry date inclusive) 

To review the search and apply, asset managers need to register here on globalfundsearch.com

Questions?

Please contact support@globalfundsearch.com

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

Sissener Expands Investment and Sales Teams with Senior Hires

Just months after bringing on Mads Andreassen as Investment Manager, Norwegian fund boutique Sissener AS continues to expand its team with two key additions....

Fenja Capital Deepens Bench as Analyst Moves to Full-Time Role

After earning his Master’s degree in Economics from Aalborg University, Anders Madsen has transitioned from a part-time role to a full-time analyst position at...

Accendo-Backed SSH Secures Major Investment from Leonardo

While public and policy discussions around defence often focus on conventional weapons, many of today’s most active and frequent battles are unfolding in cyberspace....

Swedbank Robur Strengthens Private Equity Team

Swedbank Robur has appointed Lorenzo Gregory Sormani as co-portfolio manager of its private equity fund, Swedbank Robur Alternative Equity I, joining Senior Portfolio Manager...

Beyond Renewables: Coeli Fund Taps Into the Broader Electrification Race

Earlier this year, portfolio managers Vidar Kalvoy and Joel Etzler renamed their fund from Coeli Renewable Opportunities to Coeli Energy Opportunities – a move...

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...

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.