{"id":24173,"date":"2012-07-25T09:59:51","date_gmt":"2012-07-25T07:59:51","guid":{"rendered":"http:\/\/beta.next-finance.net\/innovation\/natixis-am-and-aew-europe-raise-e240-million-for-their-senior-european-loan-fund\/"},"modified":"2012-07-25T09:59:51","modified_gmt":"2012-07-25T07:59:51","slug":"natixis-am-and-aew-europe-raise-e240-million-for-their-senior-european-loan-fund","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/innovation\/natixis-am-and-aew-europe-raise-e240-million-for-their-senior-european-loan-fund\/","title":{"rendered":"Natixis AM and AEW Europe raise \u20ac240 million for their Senior European Loan Fund"},"content":{"rendered":"<p>Targeted at professional investors (as defined in MiFID) and qualified institutional<br \/>\ninvestors[[The subscription and acquisition of interests in the Senior European Loan Fund are restricted to certain types of<br \/>\ninstitutional investors who meet the definition of Well Informed Investors as set out in the Luxembourg Law of 13<br \/>\nFebruary 2007 relating to specialized investment funds.]], the Senior European Loan Fund aims to deliver returns equivalent to<br \/>\ninvestment grade bonds[[Investment grade bonds benefit from a credit rating of between AAA and BBB- according to Standard &#038; Poor\u2019s<br \/>\nclassification. They represent a low risk of default according to this agency.]].<\/p>\n<p><strong>Dual investment strategy<\/strong><\/p>\n<p>Senior European Loan Fund will invest in senior real estate loans, financing high quality<br \/>\nreal estate assets including offices, retail and logistics, located in Europe and<br \/>\npredominantly in France, Germany and the UK. The Fund will adopt a dual investment<br \/>\nstrategy comprising:<br \/>\n&#8211; financing new loans in partnership with banks, and<br \/>\n&#8211; purchasing existing loans.<\/p>\n<p><strong>Complementary expertise<\/strong><\/p>\n<p>Senior European Loan Fund is managed by Senior European Loan Management, a<br \/>\nsubsidiary of AEW Europe. The management company is advised by a team from Natixis<br \/>\nAsset Management, consisting of two senior portfolio managers with a combined<br \/>\nexperience of over 25 years in fixed income, and by real estate debt specialists at AEW<br \/>\nEurope.<\/p>\n<p><strong>A strategic partnership<\/strong><\/p>\n<p>Christian Delaire, CEO of AEW Europe, commented: &#8220;The real estate financing market is<br \/>\nexperiencing a structural change with a marked decrease in funding capacity of the<br \/>\nbanking system, creating an opportunity for the emergence of new participants in real<br \/>\nestate debt. The creation of this fund aims to offer our clients access to this new market<br \/>\nopportunity. I am also pleased to announce that the fund should complete its first<br \/>\ninvestment shortly.&#8221;<br \/>\n&#8220;The combination of AEW Europe\u2019s real estate skills and expertise with Natixis Asset<br \/>\nManagement\u2019s track record in debt and fixed income provides our customers a unique and<br \/>\neffective approach to this market,&#8221; said Pascal Voisin, CEO of Natixis Asset Management.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Natixis AM and AEW Europe are combining forces to launch the Senior European Loan Fund[[Senior European Loan Fund is a sub-fund of the Senior European Loan Fund SCA-SIF, a specialized investment fund<br \/>\nunder Luxembourg law.]], the first sub-fund of a closed-ended seven year fund structure investing in senior real estate loans[[Senior debt benefits from priority payment and specific guarantees compared to other forms of subordinated debt.]]. On launch, the fund is completing a first close with commitments of \u20ac240 million and is targeting an investment capacity of \u20ac500 million.<\/p>\n","protected":false},"author":20,"featured_media":24171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1471],"tags":[1655,1856,1859,1681,1651,1437,1691,2240,1952,1678],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/24173"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=24173"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/24173\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/24171"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=24173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=24173"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=24173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}