DC Advisory acted as the financial advisor to AnaCap Financial Partners (AnaCap), a leading specialist mid-market private equity investor in financials, technology and related business services, on the carve-out of its credit business. Terms of the transaction were not disclosed.
Pursuant to the transaction, the leadership of the credit business will form a new investment advisory business, Veld Capital (Veld). Veld will advise the existing credit funds and raise additional funds, led by the same dedicated team, utilizing its well-established investment approach and deep networks across Europe.
AnaCap Financial Partners
AnaCap is a leading specialist mid-market private equity investor in financial, technology and related business services. AnaCap’s focus is on buyouts, management buy-in or buyouts of entrepreneurial led businesses in need of capital, expertise and sophistication to execute organic and inorganic strategies.
Since 2005, AnaCap has raised EUR 5.4BN in gross AUM and completed over 100 primary investments across 16 European jurisdictions and in Asia.
Veld Capital
Established in 2009 as the credit investment arm of AnaCap Financial Partners, Veld initially targeted non-core assets from financial institutions across Europe. Consistently an early mover across geographies and asset types, today Veld targets a broad range of highly cash generative and asset-backed investments. Veld seeks out exceptional opportunities by combining localized origination, underwriting and asset management expertise to provide solutions in the mid-market.
Since 2009, Veld has raised ~EUR 2.7BN of capital across its flagship Credit Opportunities, Real Estate and permanent capital vehicles from a growing base of highly reputable institutional investors globally.