Debt

Through the Altercap funds, LBO France is present in the secondary debt market, with a focus on buying discounted LBO debt issued by European companies. 

KEY FIGURES
  • €317 million of assets under management
  • 100 deals

Focus: An opportunistic strategy

 

The Altercap funds take advantage of opportunities in the European debt market, particularly discounted LBO debt. Altercap seeks off-the-radar opportunities with a clear focus on mezzanine debt and the middle market.

The investment team is extremely selective and builds a portfolio that is diversified both in terms of sector exposure and debt type. Most of the debt is held until maturity.