About This Fund
The DECALIA Private Credit Strategies II fund is designed to capitalise on the disintermediation of bank lending across Europe, deploying capital into specialised private debt and credit‑like instruments in less crowded segments. It closed at €311 million, significantly above its original €250 million target and with over 80% of deployment achieved by final close, demonstrating strong market appetite.
The investment strategy blends direct lending, asset‑backed claims, co‑investments, secondary purchases and partnership structures to access differentiated risk‑return opportunities in niches where traditional lenders are retreating. With rapid deployment and a strict underwriting framework, the fund targets double‑digit net returns via selective origination and active portfolio management.
Geographically the fund focuses on Europe, leveraging structural shifts in the credit markets and thematic drivers such as the search for yield and market inefficiencies. The manager emphasises talent selection, capital preservation and rigorous risk controls as hallmarks of the strategy.
The vehicle is intended for institutional or professional investors comfortable with the illiquidity inherent in private credit. The speed of deployment and oversubscription reflect the strength of the manager’s sourcing and structuring capabilities in a dynamic environment.