European investment firm, Partners Group, surpasses €1 billion through its European direct lending program.
In a significant move, global investment firm Partners Group has announced the launch of its latest European direct lending programme, which has already achieved more than €1bn at its first close in June 2025. The programme, available to institutional investors globally, is part of Partners Group's expanding global credit business.
The programme is designed to invest in senior direct lending opportunities across Europe, focusing on core mid-market companies with EBITDA primarily in the €20 million to €50 million range. These companies operate in resilient industries and have visible cash flows, as per the statement by Lori Pomerantz, global head of business development for private credit at Partners Group.
Partners Group's established private credit investment platform, which has invested around €8.5bn across 117 senior direct loans in Europe to date, will manage the facility. The programme will be split between commitments to a traditional closed-end fund and bespoke mandates, all aligning with the same strategy.
The growing interest in European private credit among investors globally is a key driver for this programme. The convergence of public and private markets is creating more opportunities in private credit, with companies preferring to stay private longer and requiring tailored financing solutions offered by private credit. This trend is expected to persist, driven by the flexibility and ability to tailor financing structures outside the volatility of public markets.
The European private credit market has experienced strong growth in recent years, with an improved economic outlook and new stimulus measures in Europe potentially benefiting private credit lenders. Partners Group's local team presence enables them to connect with local sponsors and tailor financings to companies' needs.
While the statement does not mention any specific new acquisitions or investments made by Partners Group, it does reveal that the firm has already made several seed investments for the new programme. However, the details about the amount or terms of the investments in the new programme remain undisclosed.
The programme targets core mid-market companies within resilient industries, although specific industries are not detailed. The focus is on companies with stable cash flows and EBITDA in the €20 million to €50 million range.
As Partners Group continues to expand its global presence in the credit business, spanning multiple sub-asset classes, this latest European direct lending programme is a testament to the firm's commitment to providing tailored financing solutions to mid-market companies in Europe.
- The European direct lending programme by Partners Group, focused on investing in senior direct lending opportunities across Europe, is designed to support core mid-market companies with EBITDA primarily in the €20 million to €50 million range.
- The programme, which targets companies within resilient industries and has already achieved more than €1bn at its first close in June 2025, is part of Partners Group's expanding global credit business, intended to provide tailored financing solutions that align with the growing interest in European private credit among investors globally.
