Schelcher Prince Gestion launches a new sub-fund on its Corporate Private Debt fund Pro’Action Rebond 2021











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(Boursier.com) — Schelcher Prince Gestion, a management company affiliated with Arkéa Investment Services, is expanding its range of private debt products with the establishment of a new Distribution Compartment within the Pro’Action Rebond 2021 fund.
This fund was initially launched following a call for tenders organized by Insti7 on behalf of the pension funds of chartered accountants, notaries and veterinarians, brought together within the Pro’Action Retraite association.

The objective of this new sub-fund is to allow investors to combine the search for a sustainable return of more than 5% net per year and the financing of French SMEs and ETIs, by benefiting from a half-yearly coupon.

With this fund, the private debt team anchors its diversification strategy to now offer various Senior and Subordinated debt financing solutions to SMEs and ETIs.

Over the last 12 months, Schelcher Prince Gestion, with a Corporate Private Debt team of 8 dedicated professionals, has concluded 24 transactions and thus confirms its position on the Private Debt market in France.

The Pro’Action Rebond 2021 fund, currently being marketed, is classified as Article 8 within the meaning of the SFDR regulations. It is now made up of 2 compartments (Capitalisation and Distribution) for outstandings of €170 million to date. It has already made it possible to finance 16 French companies for approximately 13,000 supported jobs. Mainly made up of variable rate financing, the Pro’Action Rebond 2021 fund is structured and invested to preserve the investor’s return in a context of rising interest rates.

Isabelle Bourrier, Corporate Private Debt Director at Schelcher Prince Gestion, confirms: “In the current inflationary and highly volatile environment, we find that this fund fully responds to the problem of increasing yields with its Mezzanine component, while currently benefiting Senior exposure for more than 85% of the portfolio.With nearly 1.4 MdE deployed in our regions in 8 years and nearly 150 companies financed on the SP EuroCréances range, sourcing remains abundant today and leaves a number number of opportunities to seize, while remaining very vigilant in our processes. The integration of ESG processes in the management of our investments continues with a theme that has been worked on since 2017”.


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