Arcmont Asset Management, a European private credit asset manager and affiliate of Nuveen, announced the final close of Capital Solutions Fund II and associated vehicles, raising approximately €1.5 billion in total investable capital. The strategy has nearly doubled in size compared to its predecessor, Capital Solutions Fund I, and attracted a diverse investor base including pension funds, endowments, insurance companies, family offices, and sovereign wealth funds across North America, Europe, and Asia.
Launched in 2020 and co-headed by Alice Cavalier and David Brooks, the Capital Solutions strategy focuses on originating bespoke financing opportunities with higher return potential. The strategy targets complex credits, junior capital, and market dislocations, and is positioned as complementary to Arcmont’s flagship Direct Lending strategy. It leverages the firm’s origination capabilities and sponsor relationships to deliver a broad range of financing solutions to European private equity sponsors.
Since inception, the strategy has invested nearly €2 billion across more than 50 transactions. Capital Solutions Fund II is currently approximately 55% committed, with a portfolio of more than 20 investments. The fund has executed a range of bespoke transactions, including constructive refinancing and liquidity solutions for companies with near-term debt maturities, complex private lending to healthy businesses in cyclical sectors, junior capital investments, and secondary debt purchases.
Over the past 15 years, Arcmont has raised approximately €40 billion of investable capital across its Direct Lending, Senior Loan, NAV Financing, Impact Lending, and Capital Solutions strategies. The firm has developed relationships with more than 120 sponsors throughout Europe.
KEY QUOTES
“The growth of the Capital Solutions strategy is evidence of the strength and depth of the Arcmont platform across European private lending. Having last year launched NAV Financing and Impact Lending strategies, shortly after closing our largest ever Direct Lending fund at €10 billion, we are now well-positioned to capitalise on an increasingly complex lending environment to support the continued growth of Europe’s mid-market economy and deliver consistent returns to our loyal investor base.”
Anthony Fobel, CEO of Arcmont Asset Management
“This is a very pleasing result as we continue to develop the track record and scale of Capital Solutions at Arcmont. Given the attractive risk-return potential of the strategy, we were able to attract a large number of new investors while maintaining the support of our existing investors from Capital Solutions Fund I. We’d like to thank them for putting their trust in our team.”
David Brooks, Partner And Co-Head Of Capital Solutions At Arcmont Asset Management
“We are very excited to have raised such a significant amount of capital for our Capital Solutions strategy, which has seen rising demand in recent years. An increasingly complex market and dealmaking environment mean that sponsors are turning to our flexible financing solutions to continue to supporting driving growth across the European middle market.”
Alice Cavalier, Partner And Co-Head Of Capital Solutions At Arcmont Asset Management
