{"id":44065,"date":"2018-11-15T00:00:00","date_gmt":"2018-11-14T23:00:00","guid":{"rendered":"https:\/\/techma.bakertilly.es\/actualidad-sobre-el-direct-lending-en-europa\/"},"modified":"2025-03-12T11:47:01","modified_gmt":"2025-03-12T10:47:01","slug":"compra-de-empresas-en-la-industria-4-0-2","status":"publish","type":"post","link":"https:\/\/techma.bakertilly.es\/en\/compra-de-empresas-en-la-industria-4-0-2\/","title":{"rendered":"Update on direct lending in Europe"},"content":{"rendered":"<p style=\"text-align: justify;\">En esta nueva publicaci\u00f3n vamos a repasar la actualidad del\u00a0Direct Lending\u00a0o \u201cfinanciaci\u00f3n alternativa\u201d en Europa. Esta fuente de financiaci\u00f3n est\u00e1 siendo cada vez m\u00e1s frecuente en Europa, tanto que se estima una cifra r\u00e9cord de 20 billones de euros para finales de este a\u00f1o.<\/p>\n<h2 style=\"text-align: justify;\">Azora and Oquendo Capital form a real estate direct lending alliance<\/h2>\n<p style=\"text-align: justify;\">The fund manager\u00a0<a href=\"http:\/\/www.azora.es\/\" target=\"_blank\" rel=\"noopener\">Azora<\/a>based in Warsaw, and\u00a0<a href=\"https:\/\/oquendocapital.com\/\" target=\"_blank\" rel=\"noopener\">Oquendo Capital<\/a>the Spanish private debt fund manager, are joining forces to facilitate access to alternative financing for companies in the real estate sector. Their main objective is to cover a market segment that is looking for debt alternatives to complement traditional bank financing, which remains a real handicap for many companies in the sector. Their proposed investment strategy will focus on providing flexible financing solutions for small and medium-sized real estate transactions with a moderate risk profile.<\/p>\n<p style=\"text-align: justify;\">This platform will launch a first fund with 300 million euros to finance debt and all types of operations linked to real estate, as well as direct management mandates for particular operations due to their characteristics. According to the newspaper \"<a href=\"https:\/\/www.elconfidencial.com\/vivienda\/2018-11-06\/financiacion-alternativa-oquendo-capital_1590804\/\" target=\"_blank\" rel=\"noopener\">El Confidencial<\/a>\"The platform will study any project from four or five million euros, both in Spain and Portugal, from the purchase of land or logistics warehouses, through the repositioning of hotel assets to subordinated debt.<\/p>\n<h2>BlackRock sees a record EUR 20 billion in Direct Lendind<\/h2>\n<p style=\"text-align: justify;\">Stephan Caron, Managing Director of\u00a0<a href=\"https:\/\/www.blackrock.com\/es\" target=\"_blank\" rel=\"noopener\">BlackRock<\/a>The European Commission's \"Alternative Finance for the Future\" report, explained at a conference in London at the end of October, that the expected total amount of alternative finance will be close to \u20ac20 billion this year. This figure far exceeds the \u20ac16 billion of 2017 and the \u20ac5 billion of 2013.<\/p>\n<p style=\"text-align: justify;\">\"Growth has been particularly concentrated in Germany, where more than half of purchases in 2018 have been financed by non-bank lenders,\" said Caron. \"Direct lending is growing in Europe with tighter regulations as the global financial crisis prompted banks to withdraw from their traditional role and leaving debt funds to fill the gap.\"<\/p>\n<h2>Trea Direct Lending invests EUR 7.5 million in the Ahimas operator<\/h2>\n<p style=\"text-align: justify;\">A finales de septiembre se ha hecho oficial el acuerdo entre\u00a0Trea Direct Lending\u00a0y\u00a0<a href=\"http:\/\/www.ahimas.es\/\" target=\"_blank\" rel=\"noopener\">Ahimas<\/a>The asset management firm is providing \u20ac7.5 million to the internet services operator in order to boost the territorial expansion of its business. The TDL fund, an investment fund focused on financing Spanish SMEs, has completed its fourth transaction and has already invested more than 50 % of the fund it closed in March this year, amounting to \u20ac70 million.<\/p>\n<p style=\"text-align: justify;\">TREA Direct Lending provides flexible financing solutions investing mainly in senior and senior convertible loans. TDL's objective is to position itself as a reference financier of Spanish SMEs in a period of profound changes in the sector.<\/p>\n<p style=\"text-align: justify;\">Antonio Mu\u00f1oz, CEO of TREA, states that \"the good performance of the TREA Direct Lending fund reinforces our commitment to diversify our alternative asset management offering. This operation also consolidates TDL as a reference financier for the development of the Spanish business fabric and as a flexible and agile financing solution that helps SMEs in our country to finance their expansion and business modernisation processes\".<\/p>","protected":false},"excerpt":{"rendered":"<p>Industry 4.0 or the fourth industrial revolution is underway and no company wants to be left behind. In this new post we are going to expose the most relevant acquisitions that have arisen this year in the sector and their strategic reasons.<\/p>","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1750],"tags":[155,153],"sectores":[],"tipo-contenido":[2260],"class_list":["post-44065","post","type-post","status-publish","format-standard","hentry","category-financiacion-sectorial","tag-corporate-finance-spain","tag-global-corporate-finance","tipo-contenido-noticias"],"acf":[],"_links":{"self":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/44065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/comments?post=44065"}],"version-history":[{"count":0,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/44065\/revisions"}],"wp:attachment":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media?parent=44065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/categories?post=44065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tags?post=44065"},{"taxonomy":"sectores","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/sectores?post=44065"},{"taxonomy":"tipo-contenido","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tipo-contenido?post=44065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}