London-based private capital solutions provider Apera Asset Management has secured a total of 750 million euros ($849.9 million) of capital for its inaugural private debt investment platform.
The fundraise, which exceeded its original target of $736.6 million, was backed by a diverse group of institutional investors in Europe and the U.S., with investments from pension funds, insurance companies, asset managers and endowments.
Apera will use the capital to support its investment strategy of arranging debt solutions for lower-mid market companies across the UK, Deutsch, Austria, Switzerland, France, Benelux and Nordic markets.
The Apera private debt platform primarily targets senior secured loans to lower mid-market businesses in German-speaking Europe, France, Benelux, the UK and Northern Europe.