This grew total commitments to the MV Senior Platform as at Q2 2021 to €1.3bn.
MV Senior II received commitments from new and existing institutional investors, a majority of which are international pension funds and some of the world’s largest insurance companies.
The MV Senior Platform consists of senior focused vehicles, including MV Senior II. These vehicles have a mix of investment criteria but an underlying focus on senior debt, underpinned by a disciplined credit selection which will continue in a post-Covid-19 economic environment.
MV Senior II will build on a deal flow pipeline targeting Western European upper mid-market companies. Its focus is on defensive sectors and has already invested in 38 companies sourced at attractive yields.
MV Credit is proud to have reached this milestone despite the operational challenges through 2020.