The range of private debt is constantly increasing. In an international comparison, however, Germany is still lagging behind.
(Photo: imago images/Cavan Images)
Frankfurt So far, private credit funds have primarily been an Anglo-Saxon growth theme. But this form of corporate financing is also being used more and more in Germany.
A prominent example is the Elf Capital Group. The financier from Frankfurt has financed 15 mostly medium-sized companies with a first loan fund of this kind in the amount of 300 million euros. The company is now launching two new funds.
The offers of the loan funds are considered an alternative to pure bank loans. The funds raise money from institutional investors and wealthy families and provide various forms of debt, such as senior loans for investments or acquisition financing.
The supply is increasing, because the traditional banks are increasingly cautious and are deliberately reducing their commitments in certain industries or sizes – often to comply with regulatory requirements.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Further
Read on now
Get access to this and every other article in the
web and in our app.
Further