CAPZA has closed its CAPZA 6 Private Debt fund – with an investment capacity of €2.5bn.

The fund invests in private credit to mid-market companies – mainly in France, Germany, Benelux, Spain and Italy. Though subordinated debt and unitranche structures.

Investors include insurers, funds of funds, public institutions, pension funds and family offices. Including from Germany, Switzerland, Italy, Japan, Spain and South Korea.

CAPZA focuses on non-cyclical sectors including healthcare, tech and B2B services.

CAPZA 6 is now 60% invested – across 24 transactions. The latest investments are Qconcepts (Benelux), Acceo (France) and Ortivity (Germany). They are now preparing a seventh private debt fund.

CAPZA was established in 2004. It has over 100 employees across its offices in Paris, Munich, Madrid, Milan and Amsterdam.