Permira debt team raises €400m

Buyout firm's credit arm hits first close as mid-market lending continues to attract new capital

The credit arm of European buyout firm Permira has hit a first close for its latest debt fund, raising €400 million from investors, as buyout firms continue to eye mid-market lending opportunities.

Permira Debt Managers has collected roughly €400 million from investors including pension funds, insurance companies and family offices, across Europe, North America, Asia and the Middle East, the firm said in a statement on Wednesday.

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