Blog | Kartesia

04 May 2015

The recapitalisation of Kufner Group

KUFNER A few weeks ago KCO III arranged and purchased a €15M unitranche bond to finance the recapitalisation of Kufner Group, a German portfolio company of Austria-based private equity house Value Management Services (VMS). Kartesia’s Investment Manager Thomas Pöhler and Director Debt Advisory Daniel Gebler from DC Advisory tell us about the deal and current recapitalisation strategies.

03 May 2015

Firm

Kartesia Management was awarded AIFM (Alternative Investment Fund Manager) approval on February 11th 2015.

Kartesia’s management company has been granted an alternative investment fund manager (AIFM) licence by the CSSF, the national supervisory body of Luxembourg.

02 May 2015

People

Portfolio Manager Coralie De Maesschalck and Investment Manager Jean Diercxsens join Kartesia

We are pleased to welcome Jean Diercxsens who will more particularly support Kartesia's development in Benelux from our Brussels office, and Coralie De Maesschalck, who joins us as Portfolio Manager, a cornerstone middle-office position which aims at reinforcing the integration between Kartesia’s back office and our investment team.

01 May 2015

Firm

Kartesia Credit Opportunity III (KCO III) reaches €507 million for its final closing

Kartesia Advisor is pleased to announce that the final closing of its European credit opportunity fund KCO III took place on March 24th at €507 million, above its hard cap. This represents a significant oversubscription compared to its original target of €400 million.

15 April 2015

Portfolio

Exit: Galfa

Kartesia is pleased to announce today that Altercap funds were fully repaid at par of their investment into the senior debt and RCF issued by Galfa via a refinancing of the Group with the local Sparkasse after net Leverage has decreased to 1.4 at

24 March 2015

Portfolio

Exit: Feu Vert

Kartesia is pleased to announce today that upon the refinancing of Feu Vert initiated by the issuance of a new package of Senior and Mezzanine loans granted by part of the existing pool, the Altercap funds were fully repaid at par of their investm