SEB is initially offering professional investors the opportunity to invest in the fund but will eventually invite non-professional investors as well.
Private debt – loans issued directly to borrowers without intermediaries – is a growing market, and the launch aligns with SEB’s strategic goal of expanding in the wealth and asset management market.
With the new fund, SEB will significantly enhance its alternative investment platform and open opportunities in a segment with strong structural growth.
Focus on Northern Europe
The fund will focus on Northern Europe, a market that offers stable economic fundamentals, and where both SEB and Capital Four have a strong presence. The fund will issue high-yielding loans with low credit loss risk to mid-sized companies. The loans will be among the first in line to be repaid (Senior Secured) in case of bankruptcy or loan restructuring.
“We have identified an untapped opportunity in the market and are excited to partner with Capital Four to expand our alternatives platform,” says Stefan Martyris, Head of Alternatives Product Strategy and Development, SEB Asset Management.
The new fund stands out in the market as it is perpetual, and investors can invest and divest quarterly.
Fund is suitable for all investors
Launched within an ELTIF (European Long-Term Investment Fund) structure, the fund is suitable for both professional and non-professional investors. Later this year, SEB will make it available to non-professional investors in the private banking segment.
Past performance is not indicative of future results. The fund can both decrease and increase significantly in value, and you may not get back the amount invested.