Mandatum Asset Management’s Private Debt program has attracted new investors and increased its existing commitments despite a difficult market environment. Institutional investors from Finland as well as Sweden and Denmark have invested in the Mandatum AM Private Debt strategy.
Mandatum Asset Management’s Private Debt program continues to grow. The first closing for Mandatum AM Private Debt VI strategy was held in March 2023 on EUR 155 million in client commitments. The strategy invests in a diversified portfolio of direct lending and opportunistic credit investments across Europe and the United States, primarily through external managed funds. Mandatum Asset Management has invested a total of approximately three billion euros in private debt funds.
“We have offered our Private Debt program to our clients for eight years already, and it has continued to grow thanks to an increase in the number of new investors and existing commitments – an exceptional achievement in such a challenging market environment. The asset class plays an increasingly significant role, especially in the allocations of institutional investors,” says Jussi Tanninen, Head of Private Debt and Real Estate at Mandatum Asset Management.
The fact that the strategy has also attracted investments from outside Finland speaks to its success.
“Our diversified program has proved its worth in several market environments. We are extremely delighted and proud that our clients have continued to invest with us, and we have welcomed institutional investors not only from Finland but also from Sweden and Denmark. The current credit investment environment is particularly attractive, and we have a long track record of successful investments in it,” Tanninen says.
Read more:
ESG Implementation in our Private Debt Programme
Private Debt and Public Market Equivalent Return Comparison
For more information, please contact:
Niina Riihelä, Senior Vice President, Marketing and Communications
niina.riihela@mandatum.fi, tel. +358 40 728 1548
Jussi Tanninen, Head of Private Debt and Real Estate, jussi.tanninen@mandatumam.com, tel. +358 40 563 1937
About Mandatum Asset Management
Mandatum Asset Management (MAM), established in 2021, is a Nordic asset management company. MAM offers discretionary and consultative asset management for institutional and other professional investors and manages a variety of investment products within its core areas of credit, private equity, real estate and equity selection. MAM and its sister company Mandatum Life belong to Mandatum Group, a wholly owned subsidiary of Sampo plc.
www.mandatumam.com
This newsletter or release is meant for information and marketing purposes only, and the information provided cannot be construed as a recommendation to subscribe for, hold or exchange certain investment objects or carry out other investment activities. Mandatum has made every effort to ensure the accuracy of the information presented, but does not guarantee its accuracy or completeness, nor does it bear responsibility for any possible errors or deficiencies it may contain.
The unit-linked insurance policies are granted and the investment baskets are owned by Mandatum Life Insurance Company Limited (Mandatum). Mandatum Asset Management Ltd (MAM) acts as the portfolio manager and as Mandatum’s agent for and on behalf of the insurance company. Neither Mandatum nor its agents are liable for the performance of the investments or for the selection of the investments linked to the insurance.