Gr\u00fcn\u00adwald near Munich\/ London \u2014 The invest\u00adment specia\u00adlists SOLUTIO, Gr\u00fcn\u00adwald near Munich, and Pantheon, London, have successfully closed their second joint private debt secon\u00addary fund. Like its prede\u00adces\u00adsor product, SOLUTIO PREMIUM Private Debt II invests in funds that pool private corpo\u00adrate loans (private debt). The final closing took place in May 2022 at 510 million euros. This is double the amount of the first fund of this type, SOLUTIO PREMIUM Private Debt I, which closed in Febru\u00adary 2020 at EUR 250 million.<\/p>\n
\u201cDuring the Covid pande\u00admic, it became appa\u00adrent that the private debt asset class is more stable than the public finan\u00adcial markets. This is also eviden\u00adced by the very good perfor\u00admance of our first fund over the past two years,\u201d said SOLUTIO CEO Robert Massing<\/strong>. \u201cOur offe\u00adring is getting a lot of tail\u00adwind because insti\u00adtu\u00adtio\u00adnal inves\u00adtors are very inte\u00adres\u00adted in invest\u00adment oppor\u00adtu\u00adni\u00adties with an attrac\u00adtive risk-reward profile and low volatility.\u201d<\/p>\n \u201cThe doubling of volume in the second fund compared to the first reflects the gene\u00adral market trend \u2014 private debt is curr\u00adently gaining signi\u00adfi\u00adcant market share globally,\u201d said Ralph G\u00fcnther<\/strong>, Part\u00adner and Head of DACH Region at Pantheon. \u201cOn the one hand, many banks are incre\u00adasingly with\u00addra\u00adwing from the lending busi\u00adness due to regu\u00adla\u00adtory pres\u00adsure. Second, there is a catch-up poten\u00adtial of private debt compared to the longer estab\u00adlished asset class of private equity.\u201d<\/p>\n Like its prede\u00adces\u00adsor product, SOLUTIO PREMIUM Private Debt II invests in medium-sized compa\u00adnies (mid-market) prima\u00adrily in Europe and North America. Once again, 75 to 85 percent of the funds raised will be used for senior loans (senior debt), inclu\u00adding unitran\u00adche, and 15 to 25 percent for subor\u00addi\u00adna\u00adted \/ other debt. The main focus here is again on loans for compa\u00adnies held by private equity compa\u00adnies (\u201ccorpo\u00adrate spon\u00adso\u00adred deals\u201d). In the past, these have mostly repor\u00adted low default rates.<\/p>\n More than 90 percent of the fund port\u00adfo\u00adlio is hedged against rising inte\u00adrest rates and infla\u00adtion with so-called floa\u00adting instru\u00adments. If central banks conti\u00adnue to raise inte\u00adrest rates, as is widely expec\u00adted, then port\u00adfo\u00adlio returns would also conti\u00adnue to rise.<\/p>\n SOLUTIO AG and Pantheon also operate this fund as a part\u00adner\u00adship in a joint venture. Pantheon is one of the leading private market fund mana\u00adgers with a global presence (Ameri\u00adcas, Europe, Asia) and 40 years of expe\u00adri\u00adence in private finan\u00adcial markets.<\/p>\n SOLUTIO AG<\/strong><\/p>\n SOLUTIO AG, foun\u00added in Munich in 1998, deve\u00adlops inno\u00adva\u00adtive invest\u00adment concepts espe\u00adci\u00adally for the needs of German and Austrian insti\u00adtu\u00adtio\u00adnal inves\u00adtors in the field of real assets. SOLUTIO initia\u00adtes invest\u00adment concepts exclu\u00adsi\u00advely toge\u00adther with mana\u00adgers who have a proven track record of above-average success. The company itself also parti\u00adci\u00adpa\u00adtes in all invest\u00adment concepts. In the past 24 years, SOLUTIO AG and its joint venture part\u00adners have laun\u00adched a total of 20 invest\u00adment programs in the asset clas\u00adses of private equity, infra\u00adstruc\u00adture, private debt and real estate with a total volume of over 6.5 billion euros.<\/p>\n","protected":false},"excerpt":{"rendered":" Gr\u00fcn\u00adwald near Munich\/ London \u2014 The invest\u00adment specia\u00adlists SOLUTIO, Gr\u00fcn\u00adwald near Munich, and Pantheon, London, have successfully closed their second joint private debt secon\u00addary fund. Like its prede\u00adces\u00adsor product, SOLUTIO PREMIUM Private Debt II invests in funds that pool private corpo\u00adrate loans (private debt). The final closing took place in May 2022 at 510 million [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":43646,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1369,1381,1389],"tags":[],"class_list":["post-43643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-investors","category-private-debt-mezzanine","category-private-debt-mezzanine-financing-en"],"yoast_head":"\n