Profile

Kartesia offers liquidity and credit solutions to mid-sized European companies, while providing a higher stable return to its investors. More generally, Kartesia wishes to facilitate the participation of institutional investors and major individual investors in the European LBO debt market, by offering them exposure to highly rated, resilient and diversified credit through primary, secondary or rescue financing operations carried out with duly selected mid-sized companies. Kartesia had its final closing for its third and fourth fund. 

Sienna Capital & Kartesia

KCO III successfully closed at EUR 507.5 million, of which EUR 150 million from Sienna Capital, while KCO IV successfully closed at EUR 870 million, of which EUR 150 million from Sienna Capital. Since Sienna Capital’s first investment the team have raised over EUR 2.5 billion. 
 
In exchange for providing Day 1 capital to support the launch of Kartesia, Sienna Capital receives certain preferred economics. 
 

Valuation 

Assets are valued by an external expert with an internal valuation committee reviewing and approving the valuation to ensure the most appropriate fair market value is reflected for each investment. 

Financial Year 2019 

Kartesia distributed EUR 46 million to Sienna Capital, thereof EUR 33 million from KCO III and EUR 13 million from KCO IV, and called capital from Sienna Capital for investments of KCO IV of EUR 26 million.  

Website

https://www.kartesia.com/

Value of Investment (12/31/2019) 

€221m  

Business area

Debt fund

Registered office

Luxembourg

Key Data from GBL Annual Report 2019 

https://www.gbl.be/en/media/3166/Annual_Report_2019.pdf 

contact

Frantz Paulus 
Head of Investor Relations 
Tel.: +32 2 588 73 39