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LGT
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Access to the attractive European unitranche lending space

We help institutional investors benefit from private debt by focusing on unitranche financing in the attractive lower middle market.

2+bn
EUR invested
31
professionals
82
transactions
100+
relationships
  • Partnering with investors
  • Working with sponsors and companies

Attractive market opportunity for investors

Banks in Europe withdrew from leveraged lending in recent years, due to regulatory concerns. Thereby, private debt providers have bridged the gap in order to assist European companies’ growth. In particular, there has been a rapid expansion of the unitranche market in Europe, which is underpinned by the unitranche key advantages for all involved parties.

Institutional investors have naturally taken an interest in private debt, which offers an attractive risk-reward profile and differentiated risk drivers to help diversify a portfolio.

Furthermore, working with LGT European Capital enables investors to benefit from the experience of a pioneer in the European private debt market, as we arranged the first unitranche transaction in Europe in 2007.

Our approach

LGT European Capital is a pragmatic and opportunistic direct lender with no industry bias. We leverage a proven track record of delivering flexible financing solutions to mid-market companies with enterprise values of EUR 50-250 million (up to EUR 500 million). Moreover, we invest in sponsor-backed LBOs, and have the ability to complete both unitranche and subordinated debt transactions.

LGT European Capital supports companies in their growth strategy and actively participate in value creation of companies through its ability to commit undrawn lines to finance companies’ capex and add-on acquisitions.

Resilient strategy

The resilience of our private debt strategy is based on the strength of our team, which includes four partners who have worked together for more than 12 years and have an average of 21 years of industry experience. They are supported by a team of 19 professionals based in London and Paris, who are dedicated to sourcing, analyzing and negotiating private debt investments.

Our team's private debt investment efforts have resulted in a cycle-tested track record stretching back to 2005.

Focus on flexible financing solutions

LGT European Capital help companies obtain the necessary debt financing to achieve their business plans with the use of unitranche and/or subordinated debt

The simplicity of unitranche financing:

 

  • Bespoke financing solution
  • Increased speed and certainty of execution
  • Fewer institutions to deal with
  • Non-limited amortizing allows cash flow to be invested in the business
  • Multi-currency transactions
  • Availability of undrawn acquisition lines to finance capex/add-on acquisitions
  • Easier documentation process

 

Resilient strategy

The resilience of our private debt strategy is based on the strength of our team, which includes four partners who have worked together for more than 12 years and have an average of 21 years of industry experience. They are supported by a team of 19 professionals based in London and Paris, who are dedicated to sourcing, analyzing and negotiating private debt investments. LGT European Capital has established extensive relationships with more than 65 private equity sponsors and 45 intermediaries across Europe. This includes many of the top-tier mid-market sponsors in Europe, thus ensuring a steady flow of deals with attractive companies. Together, they further leverage LGT Capital Partners' larger private markets platform of more than 130 professionals, who have relationships with hundreds of private equity sponsors, who also frequently have debt financing requirements.

Our team's private debt investment efforts have resulted in a cycle-tested track record stretching back to 2005.

Learn more about the investments in our portfolios

 

Learn more about the investments in our portfolios Portfolio companies overview

For any queries about private debt, please contact us

Matthew Gordon Clark
Partner
Biography

Phone +44 207 484 2603
E-mail

+44 20 7850 46 15

Etienne Haubold
Partner
Biography

Phone +33 1 40 68 06 66
E-mail

+33 1 40 68 06 66

Stéphane Legrand
Partner
Biography

Phone +33 1 40 68 06 66
E-mail

Juan Carlos Morales Cortes
Partner
Biography

Phone +44 207 484 2630
E-mail