Since pioneering pan-European secondary investments in the lower mid-market space in 2009, we have continuously strived to offer investors superior performance while delivering innovative financing solutions to companies.
In December 2016, Kartesia became one of the first European collateralised loan obligation (CLO) investors to lead a full reset of one of its majority-held CLOs, Euro-Galaxy III. The deal illustrates the appropriateness of Kartesia’s investment strategy for the CLO market, which is based around being a proactive and opportunistic investor.
Kartesia is pleased to announce the successful reset of the Eurogalaxy III CLO managed by PineBridge Investments Europe Limited (Pinebridge) - one of the very first transaction of its kind in Europe. Given the majority stake in the Subordinated Notes that KCO III acquired in March 2016, Kartesia actively participated in that process, alongside arranger JP Morgan and Pinebridge.
Since June 2015 and its first investment in a collateralised loan obligation (CLO) vehicle, Kartesia has come a long way. Read on for an update on Kartesia’s achievements and latest strategy.
Over €70 million invested in the space of a year