Natixis Investment Managers has expanded its private debt capabilities with the acquisition of a European credit specialist focused on upper mid-cap private debt.
The asset manager said it acquired MV Credit to help develop its European real assets range, providing investors with access to a wide range of strategies in private equity, private debt, real estate, and infrastructure.
No financial details were disclosed.
MV Credit is a UK-based, European credit specialist founded in 2000. Over the years, MV Credit funds have invested more than €5bn in close to 500 debt financing solutions and have delivered a consistent top quartile track record, Natixis said.
Jean Raby, the CEO of Natixis Investment Managers, said: “The combination of MV Credit’s proven track record, experienced management team, and strong expertise in subordinated and senior debts will make a substantial contribution to our European real assets range.
“MV Credit’s entrepreneurial mindset and highly-active investment approach will fit perfectly within our multi-affiliate model and provide our investors access to a unique new range of private debt strategies.”
Natixis said there will be no changes to MV Credit’s operations, branding, staffing or investment strategies, and the existing management team will continue to lead the firm as a partnership.
Frederic Nadal, the CEO of MV Credit, said: “The multi-affiliate model offers tremendous growth opportunities, allowing us to access a truly global distribution network and the support of a large financial services group while retaining our full autonomy and our singular focus on maximising returns for our investors.”
