Kartesia Credit Opportunities has secured commitments of €225, said French newspaper Les Echos.
The firm invests in mid-market companies headquartered in the EU or Central Europe with an EBITDA of over €10m in leveraged buyout, recapitalisation and restructuring deals.
It said that it is industry agnostic, but “with some preference for general manufacturing, business services, consumer goods.”
Kartesia considers single investments of over €100m and acquisitions of portfolios in excess of €300m.
The firm is managed by Laurent Bouvier, Matthieu Delamaire and Jaime Prieto, who all used to work for LBO France.
Chief investment officer and chairman of the global investment committee at Intermediate Capital Group also serves as a managing partner of Damien Scaillierez.
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