Capza, the alternative investment firm ultimately owned by BNP Paribas, has secured nearly €1.4 billion ($1.7 billion) for a new private credit fund, according to a statement seen by Bloomberg News. The fundraise represents a significant milestone for the Paris-based firm, which specializes in direct lending and private credit investments across Europe. This latest capital raise underscores Capza's growing prominence in the European private credit market.

The new fund will focus on providing flexible financing solutions to mid-market companies throughout Europe, particularly in sectors experiencing structural growth or undergoing transformation. Capza's track record in deploying capital efficiently and its deep sector expertise likely contributed to the strong investor response. The firm's connection to BNP Paribas provides additional credibility and resources, though Capza operates with significant autonomy in its investment decisions.

This fundraising success comes amid robust demand for private credit strategies as investors seek yield in a low-interest-rate environment. Capza's ability to raise €1.4 billion demonstrates continued appetite for European private credit opportunities despite economic uncertainties. The firm's established relationships with both institutional investors and corporate borrowers position it well to capitalize on the evolving financing needs of European businesses.