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Laxman Pai, Opalesque Asia:

European financing investor Kartesia has closed its sixth-generation credit opportunities fundraise at €1.3bn ($1.53bn), having reported growing interest from new investors and the wealth market.

The fundraising for Kartesia Credit Opportunities VI (KCO VI) received strong interest from a global base of Limited Partners (LPs), with notable support from a diverse mix of leading investors from the US, Europe, the Middle East, and Asia.

Over 25 new institutional investors contributed to the strategy, representing nearly 50% of the total capital, which Kartesia said reflected growing interest from investors looking to gain exposure to opportunistic European private credit.

A press release from the European specialist provider of capital solutions for small and mid-sized companies said that KCO VI also saw significant growth in commitments from private wealth investors, growing to over 20% of total capital compared to less than 10% for the prior vintage.

50% has already been deployed across several high-quality investments, demonstrating robust borrower demand and the team's execution capacity in the current environment, it said.

According to the release, Kartesia's Credit Opportunities strategy has been at the forefront of the European lower mid-market since 2013, allowing for flexible dual-track, primary, or secondary origination in predominantly sponsorless deals. This provides bespoke financing solutions across the capital st......................

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