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CANDRIAM and New York Life Investments Alternatives Buys Stake in Kartesia Management SA swfinstitute.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swfinstitute.org Daily Mail and Mail on Sunday newspapers.
CANDRIAM and New York Life Investments Alternatives take a minority stake in Kartesia Management SA Thursday, December 10, 2020 Opalesque Industry Update - CANDRIAM, and its sister affiliate New York Life Investments Alternatives, announced today a strategic partnership with Kartesia Management SA, a European specialist provider of private capital solutions for small and mid-sized companies, and the related acquisition of a minority stake in the firm. Terms of the transaction, which are subject to certain customary closing conditions, including regulatory approvals, were not disclosed. The transaction is anticipated to close by year end. Kartesia is a leading European private markets investor with more than EUR 2.8 billion of assets under management and expertise across the full spectrum of the European secondary and primary leveraged loan market including senior debt, mezzanine, minority equity interest and CLO liabilities. ....