MezzVest III closes

MezzVest closes co-investment subordinated debt fund

May, 2015

MezzVest III closes co-investment subordinated debt fund bringing combined commitments to over €750m

MezzVest is pleased to announce the final and single close of its co-investment vehicle to support its latest and largest fund, MezzVest III, bringing combined commitments to over €750m. This substantially increases MezzVest’s investment capacity in the subordinated debt space. The two funds will invest alongside each other in the same transactions.

MezzVest III and the co-investment vehicle will continue to focus on the subordinated debt space considering investment opportunities in Second Lien, Mezzanine and PIK instruments. MezzVest III has already invested over 50% of its commitments across all subordinated debt asset classes.

The closing of the co-investment fund is an endorsement by existing LPs of MezzVest III’s strategy to originate and execute attractive subordinated debt opportunities alongside relationship Private Equity sponsors and solidifies MezzVest’s permanent role as a key credit manager in Europe.

MezzVest, a specialist private debt manager established in 2000, has deployed more than €3.8bn in over 230 subordinated debt financing solutions.