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The infrastructure debt investment arm of Edmond de Rothschild Asset Management has collected more than €1bn across three funds and is eyeing a final close of its second fund in Q2.

Paul Johnson has been promoted in the firm’s credit division and is among seven taking up new partner roles in 2017.

The South African-based lender is aiming to raise between $150m and $200m for its first debt fund launched since the acquisition of Mezzanine Partners.

The UK-government backed institution has previously invested with the fintech platform which is part of the bank’s strategy to channel capital to UK SMEs.

Proposed guidelines on leveraged transactions may increase restrictions on banks and present greater opportunities for private debt funds.

The US firm will target loans backed by transportation assets as it continues to see opportunities open up in Europe as banks continue to deleverage.

The Boston-headquartered investment firm has completed its fourth acquisition of NPL assets in Spain as its continues to take advantage of opportunities in southern Europe.

ESG concerns remain at a low level for fund managers in private debt, but as more UK pension schemes are expected to enter the market next year it is likely to become a higher priority.

THCP’s first step into Spain follows the firm’s closing of a €200m credit fund completed earlier this year.

Onex’s £1.35bn acquisition of Parkdean Resorts was backed by a £750m debt package made up from a group of five banks and Ares, which provided a £150m second lien loan to support the acquisition.