In a deal that is set to close in weeks, CANDRIAM and its sister affiliate New York Life Investments Alternatives (NYLIA) are forming a strategic partnership with European private markets firm Kartesia Management SA.
The terms of the deal have not been disclosed, but Kartesia brings €2.8 billion euros ($3.4 billion) in assets under management and an expertise across the European secondary and primary leveraged loan market including senior debt, mezzanine, minority equity interest and CLO liabilities.
Luxembourg-based Kartesia has offices in Brussels, Frankfurt, London, Madrid, Munich and Paris. The partnership will . . .
Unlock this article instantly, along with the rest of our premium content and daily, weekly and monthly newsletters. We offer pay-as-you-go monthly subscriptions and discounted annual subscriptions with additional benefits: access to Alternatives Watch Research articles and our Annual Investor Compendium.