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Private debt

IBS Distressed and Special Situations Debt Fund

Het IBS Distressed and Special Situations Debt Fund invests in three private debt funds.

Private Debt
EUR 47,85 million
Commitment
8 years
Duration
Pllaatje distressed

The IBS Distressed and Special Situations Debt Fund invests in the three private debt funds listed below. The fund provides access to distressed and special situations debt strategies from three reputable private debt fund houses. This multi-manager combination creates diversification in terms of style, strategy, investment size and region allocation.

Apollo European Principal Finance Fund IV

The Apollo European Principal Finance Fund IV. The fund purchases distressed debt and real estate from distressed sellers at a discount to the underlying value.

Hayfin Special Opportunities Fund III

The Hayfin Special Opportunities Fund III. The fund has a broad mandate that allows them to do deals anywhere in the private debt market where they see inefficient pricing, both within distressed- and special situations debt.

Pemberton Strategic Credit Fund II

The Pemberton Strategic Credit Fund II. The fund issues new loans to companies that are in a unique situation and therefore need a custom loan, or special situations debt.

Fund Charateristics

  • Fund name
    IBS Distressed and Special Situations Debt Fund
  • Investment strategy
    Private Debt, Distressed- and Special Situations Debt
  • Geography
    Europe
  • Vintage and duration
    2021 – 2031
  • Fundmanager
    Apollo Global Management, HayFin Capital Management & Pemberton Asset Management
  • IBS commitment
    EUR 47,85 mln, EUR 15,95 mln per fund
  • Status
    Closed for investors
  • Minimal investment
    EUR 250.000,-
  • Fund type
    Common account fund (CIS).

Structure

  • Feeder fund
    IBS Distressed and Special Situations Debt Fund FGR
  • Master funds
    Apollo European Principal Finance Fund IV, Hayfin Special Opportunities Fund III & Pemberton Strategic Credit Fund II
  • Administrator feeder fund
    IBS Fund Management BV
  • Custodian
    Caceis KAS Trust & Depositary Services BV

Learn more about this fund?

The prospectuses of the closed end investment funds managed by IBS Fund Management B.V. and those of the underlying master investment funds are available to unitholders upon request (in the secure section of the site and at info@ibsfm.nl).

However, these prospectuses contain only limited information on sustainability, as the funds in question were closed before the Sustainable Finance Disclosure Regulation (“SFDR”) came into force and the SFDR could not yet be taken into account.

Prospectuses of closed end investment funds managed by IBS Fund Management B.V. with a closing date after March 10, 2021 do contain the information required by the SFDR.