Idinvest closes second senior debt fund on €400m
The fund was on the road for only three months, Idinvest CEO Christophe Bavière told unquote". Its structure is a Fonds Commun de Titrisation (FCT), like the firm's first IDS fund. The firm hopes to fully invest the fund within 24 months – its predecessor was fully deployed within only 15, so the investment period maybe be even shorter. Its holding period will run as long as the buyouts it has financed, said Bavière.
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