Natixis News

AEW and Natixis Asset Management complete a second close for the Senior European Loan Fund II increasing commitments to over €400 million

Following the €162 million first close in 2016, Senior European Loan Fund II* (“SELF II” or the “FUND”)1, dedicated to institutional investors2, completed a second closing with French and international investors, bringing its investment capacity to over €400 million. A third closing is expected to occur during the first half of 2017 with a target to reach total commitments of €750 million.

The growth of their joint activity has led AEW and Natixis Asset Management to reinforce their dedicated real estate debt fund team, co-managed by Arnaud Heck at Natixis Asset Management and Cyril Hoyaux at AEW.

To date SELF II has secured three investments in France, Germany and Italy totaling €75 million, while four additional transactions amounting to €100 million are underway, which would bring total investments to 44% of the funds raised.

Arnaud Heck, Head of Real Estate Finance at Natixis Asset Management commented: “The strengthening of our team, within the framework of the partnership set up since 2012, aims at accelerating our investment capacity. We look forward to further developing our joint debt platform in response to growing investors’ appetite for real estate debt.”

Cyril Hoyaux Head of the European Debt Platform at AEW Europe added: “We are pleased with the progress made since the launch of SELF II in 2016. This new closing illustrates the attractiveness of our pan-European investment strategy, which allows us to actively select opportunities in the most dynamic real estate markets, enabling us to offer our clients the best risk adjusted returns. This second closing will bring the total funds raised by our common debt platform to close to €1 billion.”

Note to the reader

This communication does not represent an invitation to subscribe to Senior European Loan Fund II titles. It aims to give general information about the evolution of the activities of the companies specified in this press release.

SELF 2 has been notified to the regulator in Belgium, France, Germany, Luxembourg, Netherlands, Sweden and UK.

The Fund is subject to specific risks, including: Borrower credit risk, Tenant credit quality, Real estate asset value (as collateral) value, Liquidity, Diversification. An investor’s capital will be at risk; you may get back less than you invested. For a complete discussion of risks (and benefits) of investing in the Fund, please refer to the section 3.7 “Risk Factors and Investment Considerations” of the Fund Offering Memorandum.

For further reading:Real estate debt is gathering momentum among bond investors,Natixis Asset Management launches a new area of expertise, real asset private debt, in three complementary, high potential sectors: real estate, infrastructure and aircraft

1: Senior European Loan Fund II is a sub-fund of the Senior European Loan Fund SCA-SIF, a specialized investment fund under Luxembourg law, managed by AEW Luxembourg. Natixis Asset Management and AEW Europe acts as a consultant with AEW Luxembourg. SELF 2 is an Alternative Investment Fund (AIF) that is neither notified in all countries nor available to all investor types.
2: The subscription and acquisition of interests in the Senior European Loan Fund are restricted to certain types of institutional investors who meet the definition of Well Informed Investors as set out in the Luxembourg Law of 13 February 2007 relating to specialized investment funds.

Source: AEW Europe and Natixis Asset Management

A subsidiary of Natixis Global Asset Management
Privately-held French Société anonyme à conseil d’administration.
Real-estate investment manager under n°T 8324 delivered by the Prefecture de police de Paris
Share capital: €17,025,900
RCS Paris B 409 039 914
8-12 rue des Pirogues de Bercy
75012 Paris, France

Natixis Asset Management
A subsidiary of Natixis Global Asset Management
Limited liability company
Share capital €50,434,604.76
Regulated by the Autorité des Marchés Financiers (AMF) under no. GP 90-009
RCS Paris n°329 450 738
21 quai d’Austerlitz 75634 Paris Cedex 13

This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material

Past performance is not a reliable indicator of future performance. References to a ranking, prize, or rating of a fund are no indication for its future performance