Private Insurance Debt PriDe IV
Overview
- Unleveraged closed-end AIF with expected 10 years maturity, investing in subordinated private debt securities issued by small and medium-sized non-rated European insurance companies
- Regulated funds: French (FCT) and Luxembourg (RAIF) funds
- First Closing: November 2024, with €337M. Second Closing: planned for November 2025
- Investors of the funds are institutional investors located in Europe
- Investment Advisor: Cohen & Company Financial Limited