Apera Asset Management, a leading private debt asset manager providing private capital solutions to lower mid-market companies in Western Europe, has closed its Apera Private Debt Fund III, securing total commitments of €2.9bn including related vehicles and leverage.
Apera’s Private Debt strategy focuses on senior secured unitranche financings across Europe. The capital raised surpasses the fund’s original hard cap and represents a doubling in size over Apera’s prior private debt fund, highlighting the strength of Apera’s investment platform and its track record in delivering private credit across its core European markets.
Fund III received strong support from existing and new investors, with Apera’s institutional investor base broadening considerably to include pension funds, insurers, sovereign wealth funds, and endowments globally but particularly from Northern Europe, Asia, and North America.
Since inception, Apera has committed over €4bn to 75 businesses, underpinned by its deep local relationships across its network of offices in Munich, London, Paris, and Luxembourg. Firm AUM now stands at €5bn with the new fund already substantially deployed.
Apera’s Private Debt strategy focusses on senior secured financings in German-speaking Europe (DACH), the UK, Nordics, France, and Benelux.
Target investments range from €15m to €100m with an emphasis upon providing bespoke financing solutions to strong businesses with robust management which demonstrate downside resilience, competitive market positioning and attractive long-term growth prospects.
