Capza has raised more than €1bn (£875.2bn) for its fourth senior loan fund and related co-investment vehicles, securing commitments from around 20 European investors.
The €190bn European investment firm, part of AXA Investment Management Alternatives, has collected €700m for its Artemid Senior Loan IV fund, €190m through co-investments, and a further €120m for an evergreen fund dedicated to a single institutional investor.
Capza said the new fund is 75 per cent larger than its predecessor, reflecting demand for senior private credit strategies.
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“We welcome this encouraging trend, which is gaining further traction,” said Annie-Laure Servel, managing partner at Artemid SAS. “This success reinforces our positioning in low-leverage senior financings for midcaps and demonstrates the value of offering flexible, tailored solutions.”
The Artemid senior loans strategy focuses on senior debt financing with five- to eight-year maturities for predominantly unlisted European companies with EBITDA of between €8m and €100m and moderate leverage.
Capza now manages €1.6bn across its Artemid senior loans strategies, with more than 60 per cent of capital deployed.
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The firm also plans to launch the next vintage of its senior loans strategy in 2026, which, in line with previous cycles, will offer senior financings with five- to eight-year maturities.
“The successful fundraising for our Artemid senior loans strategy, exceeding our initial target and attracting 30 per cent new investors, reflects market recognition of our team’s expertise built over more than 10 years,” said Christophe Fritsch, global head of alternative credit at AXA IM Alts.
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