I met the director of a €3.5B private credit firm.

They lend up to €75M to European real estate.

Most of the call wasn't really about what they fund.
It was mostly about what they won't touch.

They specifically want deals that don't fit a standard lending box: stressed situations, dislocated markets, and complex structures that most lenders would walk away from.

Those deals don't cross my desk often. But when they do, I'll know exactly who to call first.

Here's what they actually deploy into:

- Complex, asset-backed, mid-market private credit
- Real estate special situations and CRE equity
- Structured credit (CLOs and securitised products)

Their sweet spot:

- €25M–€75M transactions
- Western and Central Europe
- Hard asset backing required
- Bilateral, off-market deals only

Their most recent fund closed at €900M and has already committed €330M across 7 investments.

Have you worked with a lender like this before?

Keep Reading