Amundi has raised nearly €200m (£167.7m) in its initial closing of Amundi Senior Private Debt V.

The debt fund targets institutional investors in France seeking exposure to mid-sized companies operating in sectors such as healthcare, technology and B2B services, and the energy and digital transitions, as well as those companies supporting European sovereignty and competitiveness.

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It invests in senior secured loans granted to companies with EBITDA ranging from €15m to €50m.

The fund is also classified as Article 8 under the EU’s Sustainable Finance Disclosure Regulation and incorporates the United Nations Sustainable Development Goals. It will therefore invest through sustainability-linked loans tied to responsible performance indicators covering both environmental and social pillars.

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“This fifth vintage reflects the strength of a franchise that has proven through market cycles its ability to build diversified and resilient portfolios,” said Julien Paycha, head of corporate private debt and direct lending at Amundi. “The capital raised has already begun to be deployed in line with our investment discipline,” he added.

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