AMWatch

A Swedish credit investor just opened a EUR 1.5 billion war chest

The CEO of Proventus Capital Management believes it is time to use capital stockpiles.

Daniel Sachs, CEO of Proventus | Photo: Proventus /PR

The chief executive of Swedish credit manager Proventus Capital Management AB says the time is ripe to invest the EUR 1.5 billion (USD 1.6 billion) stockpile of capital it’s built as mid-sized companies in Europe cry out for financing.

“In the private credit market we are beginning to see quite a few situations,” CEO Daniel Sachs said in an interview. “We expect quite a strong deal flow in the coming months and are already starting to see that materialize.”

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

New paper slams model portfolio boom for conflict of interest

So-called model portfolios -- off-the-shelf investment strategies often comprising bundles of ETFs -- are ridden with conflicts of interest, according a trio of academics, including Associate Professor from the Norwegian School of Economics Nataliya Gerasimova.

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch