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.jpg "Muzinich holds first close on €180m")
The firm’s latest debt fund will have a pan-European mandate with the firm planning an additional European office opening.
The firm is also planning the opening of an office in Spain later this year.
Three properties will be purchased on the back of the financing facility extended by the lender.
The firm has worked with private equity firm 21 Centrale Partners for the second time through its latest deal.
The CLO priced in March and has been arranged by Barclays.
The two firms have made investments into different parts of the capital structure to fund the development of an existing luxury residential scheme.
The firm also anticipates holding a final close for its latest sponsor-focused fund over the summer.
Fees for private debt funds, especially in Europe, have compressed as competition in the space has increased.
The firm has provided financing to enable an international drilling company to restructure its debt liabilities.
The firm has finalised its agreement with two Greek banks to oversee governance of non-performing loans in an attempt to recover value.