Apera Reaches Final Close for Debut Raise with over €750 million

The credit fund sponsor and investment advisor Apera Asset Management (“Apera”) has raised a total of €750 million of capital for its inaugural private debt investment platform, comfortably surpassing its original target of €650 million. A diverse group of institutional investors in Europe and the U.S. supported the raise, with commitments from pension funds, insurance companies, asset managers and endowments. The capital raise will support Apera’s investment strategy of arranging debt solutions for lower-mid market companies across the UK, DACH, France, Benelux and Nordic markets.

Klaus Petersen, a Founding Partner at Apera, said in a statement: “We thank our investors for their trust and their commitments to our inaugural private debt platform. We will continue with the execution of our lower mid-market investment strategy which started with its maiden investment twelve months ago and is focused on delivering strong returns for our investors. Our objective is to build Apera into one of Europe’s leading private debt investment platforms with an exclusive focus on the highly attractive lower mid-market”

The partners at Apera, Klaus Petersen and David Wilmot, have deep experience in European Private Credit with more than €3.5 billion invested in over 150 transaction over almost two decades. 

The Apera private debt platform focuses primarily on senior secured loans to lower mid-market businesses in German-speaking Europe, France, Benelux, the UK and Northern Europe. The investment team operates from offices in Munich, London and Paris.

Target investments range from €15 to €50 million with an emphasis on providing capital solutions to businesses with strong market positions and growth prospects. Apera has been one of the more active investors in European direct lending over the last 12 months.

Campbell Lutyens & Co. Ltd acted as global placement agent to Apera on the fundraise.