Permira Debt Managers raises €1.7B direct lending fund
June 20, 2017
London, United Kingdom | Direct Lending
The debt branch of Permira has closed its third direct lending fund, PCS3, on €1.7 billion. When leverage is included, the fund will have an investment capacity of around €2.1 billion. The vehicle will focus on offering senior secured loans to both sponsor-owned and non-sponsored mid-market companies. PDM's previous lending fund, PCS2, raised approximately €800 million in 2015.