{"id":48606,"date":"2020-11-19T12:58:51","date_gmt":"2020-11-19T11:58:51","guid":{"rendered":"https:\/\/techma.bakertilly.es\/?p=48606"},"modified":"2025-03-12T11:53:44","modified_gmt":"2025-03-12T10:53:44","slug":"direct-lending-arcano-partners","status":"publish","type":"post","link":"https:\/\/techma.bakertilly.es\/en\/direct-lending-arcano-partners\/","title":{"rendered":"Direct Lending: Arcano Partners"},"content":{"rendered":"<div class=\"wp-block-image\"><figure class=\"alignright size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/media-exp1.licdn.com\/dms\/image\/C560BAQFEo7lJInxgxA\/company-logo_200_200\/0\/1519903062710?e=2159024400&amp;v=beta&amp;t=EMMz2U-b23ln5s2YYGtG_qRWAOnV9il8AI5H3ymOhis\" alt=\"\" width=\"137\" height=\"137\" title=\"\"><\/figure><\/div>\n\n\n\n<p>Arcano Partners is the leading independent financial advisory firm with offices in Madrid, Barcelona and New York.  The company is launching a Spanish Direct Lending fund essentially dedicated to the Spanish market with a fundraising target of between \u20ac100 and \u20ac150 million, which was to be launched in March 2020.\u00a0\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/techma.bakertilly.es\/en\/alternative-financing\/\">Direct Lending<\/a>&nbsp;is a direct form of financing to companies, without the intermediation of financial institutions. Its actors are investment funds, which grant loans to companies with the aim of obtaining a return on their investors' capital.&nbsp;<\/p>\n\n\n\n<p>The Direct Lending fund could not be launched in March 2020, as the pandemic put the spotlight on the demand for alternative financing. Companies were looking for avenues of financing for growth (capex), <a href=\"https:\/\/techma.bakertilly.es\/en\/merger-and-acquisition-m-a\/\" target=\"_blank\">mergers and acquisitions<\/a>), LBOs or refinancings with or without amortising bank debt.&nbsp;&nbsp;<\/p>\n\n\n\n<p>As a result, Arcano Private Debt, the first closed-end vehicle dedicated exclusively to Direct Lending (private debt) from Arcano's credit area, was delayed, although the firm has experience in this area, having invested in fifteen transactions in recent years from other Arcano Credit vehicles.&nbsp;<\/p>\n\n\n\n<p>The primary objective of Arcano Private Debt is to provide attractive risk-adjusted returns by providing financing to companies. The average duration of the portfolio is between 3 and 4 years. There is no predetermination as to the credit quality of the FS portfolio and therefore it may have 100% of the total exposure in low credit quality fixed income.&nbsp;&nbsp;<\/p>\n\n\n\n<p>This division has six European credit funds with more than EUR 1.4 billion under management, three of them in open-ended format, invested mainly in high yield bonds and liquid syndicated loans, and three in closed-ended format, dedicated to credit opportunities, revolving facilities and private debt.&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Arcano\u00a0Partners\u00a0es la firma independiente de asesoramiento financiero de referencia con oficinas en Madrid, Barcelona y Nueva York.\u00a0\u00a0La empresa\u00a0lanza un fondo de\u00a0Direct\u00a0Lending\u00a0espa\u00f1ol\u00a0dedicado esencialmente al mercado espa\u00f1ol con un objetivo de captaci\u00f3n de entre 100 y 150 millones de euros\u00a0que se iba a lanzar en marzo de 2020.\u00a0\u00a0 Direct&nbsp;Lending&nbsp;es&nbsp;una forma directa de financiaci\u00f3n a empresas, sin intermediaci\u00f3n [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":48607,"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":[1751],"tags":[313,210],"sectores":[],"tipo-contenido":[2260],"class_list":["post-48606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-adquisiciones-mas-relevantes","tag-direct-lending","tag-financiacion-alternativa","tipo-contenido-noticias"],"acf":[],"_links":{"self":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/48606","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=48606"}],"version-history":[{"count":0,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/48606\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media\/48607"}],"wp:attachment":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media?parent=48606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/categories?post=48606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tags?post=48606"},{"taxonomy":"sectores","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/sectores?post=48606"},{"taxonomy":"tipo-contenido","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tipo-contenido?post=48606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}