Kartesia is pleased to announce that the investment of the KCO III fund into the B Notes of the CLO vehicle AVOCA XIV have been fully repaid at par.
Kartesia is pleased to announce that the investment of the KCO III into the unitranche debt issued by Kufner was repaid at par following the exit of the Company by VMS. Kufner, founded in 1862 and headquartered in Munich, is a global manufacturer of technical textiles with a particular focus on interlinings used in apparel applications as well as in other technical textile segments, e.g. automotive seating.
Kartesia has invested €25 million in the Spanish insurance software group Vet+a, a software company specialised in the provision of appraisal and claim management solutions for home and property insurers. The Firm will support the group in its internationalisation and diversification processes across its different platforms: Vet+a, Verifica, Degnor and Evalua.