Private Debt

CAERUS completes a loan investment of around 20 million euros

CAERUS Debt Investments, acting as investment adviser to an institutional fund, has arranged a senior loan of €19.9 million. It is secured by a Dutch residential and mixed-use portfolio comprising 15 properties, around 11,600 m² and over 180 tenancy agreements.

EARLYREAL partners with AEXbridge Capital

EARLYREAL and AEXbridge Capital launch the AEXbridge Capital Germany unit for private debt financing in Germany. Led by Robert Mangin and Dr. Gisbert Beckers, it offers EUR 30–200 million across the entire capital structure and closes financing gaps.

BF. Quarterly barometer: Mood among real estate financiers brightens

The BF. Quarterly Barometer Q3/2026 by BF.direkt and the Handelsblatt Research Institute shows that the mood among commercial real estate financiers is brightening (index: -12.30 after -25.97). New business is rising, NPL risks are falling slightly; margins and loan-to-value ratios remain largely stable.

MEAG and ENERCON set up a financing platform for wind energy projects in Germany

MEAG and ENERCON have set up a financing platform for wind energy projects in German-speaking countries. A new ENERCON fund provides long-term subordinated debt capital and closes financing gaps. Partners include Universal Investment, Mount Street and BKN Capital.

MEAG investors provide financing for further rollout of Meridiam’s fibre build-out in Germany

MEAG has completed the long-term financing for Meridiam Glasfaser B in Germany. The 30-year amortizing loan supports FTTH networks in eight regions and is expected to reach around 80,600 households. It is the third joint financing between MEAG and Meridiam.

How U.S. middle market direct lending complements and enhances European portfolios

Five asset classes, one data center

The AI boom is devouring immense capital for data centers and infrastructure, for example, which is reflected in very different segments of the portfolio. For institutional investors, the question arises as to whether this allocation allows sufficient conclusions to be drawn about the actual risks.

Rethinking Project Development: Financing Becomes a Success Factor

Today, good projects often fail not because of the market, but because of financing. Why the right capital structure is becoming a decisive success factor and how alternative forms of financing such as private debt open up new scope for action for project developers.

Alterric increases syndicated green credit line to EUR 350 million

Alterric increases its syndicated green credit line from EUR 300 million to EUR 350 million. Crédit Agricole CIB strengthens its consortium with Commerzbank and ING; the unsecured facility, agreed in 2025, runs for three years with extension options and supports the project pipeline.

MEAG investors participate in the financing of Belgium's leading broadband infrastructure platform Wyre

MEAG and other institutional investors are providing a mid three-digit million amount for Wyre as part of a EUR 4.35 billion financing. The funds will create an independent capital structure and support the fibre-optic roll-out in Flanders and parts of Brussels.

Not All Private Credit Is Equal: The Structural Case for Real Estate Debt

Recent stress in private credit exposed the cost of opaque collateral and concentrated risk but was largely confined to corporate lending rather than private credit as a whole. With ~EUR 617bn of European CRE loans maturing in 2026-2028 and Basel IV driving bank retrenchment, it offers a core fixed-income allocation.

MEAG represents cornerstone investors in private placement of PremiumFiber

MEAG investors are subscribing to EUR 555 million in 15-year bonds as part of a private placement of over EUR 1 billion for PremiumFiber. The funds will refinance bank liabilities and strengthen the capital structure. The platform is supported by MasOrange, Vodafone Spain and GIC.