Our key figures
The team invests in large cap senior secured leveraged loans mainly in private equity-backed leveraged buy-outs together with expansion capex and bolt-on acquisitions, for European companies with EBITDA ranging from €75m to €500m. These transactions are held in funds or CLOs managed by CIC Private Debt.
+200 investments
789 million eurosassets under management
The advantages of Senior Large Cap financing
Regarding risk/return
The remuneration of the Senior Debt is based on the payment of interest, generally at Euribor floating rate plus a margin; it is paid quarterly or semi-annually.
Thanks to the many protective factors of a Senior Debt (first rank on cash flows and guarantees, covenants and reporting obligations in particular), default rates are historically low and recovery rates high, leading to excellent protection of the amounts invested.