Muzinich's Pan-European Private Debt Fund has held a first close at €180 million. The firm, which began talking to investors at the end of 2016, is targeting €500 million in total. The fund is planning on lending to businesses in Western Europe with EBITDA between €2 million and €20 million.
Between 2014 and 2015 Muzinich introduced funds focusing on France, Italy, the UK and the Iberian region. Muzinich’s UK Private Debt Fund held a final close at £185 million in December 2015.