Swedish institutions pile into new credit fund

Credit financing firm P Capital Partners will continue fund raising during the fall but can start issuing loans after making a "first close" with EUR 550m in the bag.
Daniel Sachs, CEO of Proventus | Photo: Proventus
Daniel Sachs, CEO of Proventus | Photo: Proventus

Swedish firm P Capital Partners (PCP) has received EUR 550m (SEK 6bn) for a new sustainability-focused credit fund. PCP is a non-bank provider of credit funding to businesses in need of capital for either growth or restructuring.

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