Newsroom

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 gave Father Christmas a little help at the end of last year to make sure that the kids at the Maison d’Enfants Reine Marie-Henriette children’s residential facility enjoyed a magical Christmas in 2017.

After a successful deal with BNP Paribas last July when Kartesia became the anchor investor to their latest collateralised loan obligation (“CLO”) vehicle, Kartesia is pursuing its long-term and proactive investment strategy on CLO market.

In October 2017, Kartesia closed a €15 million investment in a unitranche facility to finance the management buyout (MBO) of Sales Performance International (SPI).

Acting as Kartesia’s financial controller, Benjamin Lunaud has been working in the private equity and audit sector for three years. Prior to joining Kartesia, he was a senior financial auditor at Deloitte Luxembourg.

In December 2017, Kufner Group was acquired by Austrian private investors, resulting in the exit of Kartesia’s Unitranche investment. We look back at the story behind a successful deal that almost never happened.