Debevoise & Plimpton LLP has advised Apera Asset Management (“Apera”), a pan-European mid-market private debt investor, in the successful completion of the fundraising of Apera Private Debt Fund II (“Fund II”) and associated vehicles, raising total investible capital of €1.27 billion.

The raised capital exceeds the initial target of €800 million and reflects the quality of Apera’s investment platform and performance in the provision of private credit across its core European geographies.

Apera’s Private Debt strategy focusses on senior secured financings in the UK, German-speaking Europe (DACH), the Nordic region, France and Benelux.

For full details, see here.

Debevoise previously advised Apera in its inaugural private debt investment platform (see detail here)

The Debevoise team advising Apera on Fund II was led by partner Geoffrey Kittredge, and included international counsel Delphine Jaugey, and associates Aaron McPherson, and Rachel Stables. Regulatory advice led by partner Patricia Volhard, and included partner Byungkwon Lim, international counsel Jin-Hyuk Jang, Gary Murphy and John Young, and associates Johanna Marniok, Eric Olmesdahl, Mathieu Voos and Johanna Waber. Tax advice was provided by partner Richard Ward, international counsel Patrick Fasoro, and associates Charles Cartiglia, Paul Eastham and Christopher Gossage. Finance advice was provided by partner Thomas Smith and associate Anna Moore.