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Third close for SELF II

19/10/2017

AEW and Natixis Asset Management – two affiliates of Natixis Global Asset Management – have completed a third closing for the pan-European debt fund, SELF II1 (“The Fund”), increasing the Fund’s capacity to more than €500 million2. The new equity has been committed by institutional investors from France, Germany and Italy. The total amount raised by the debt platform, since its inception in 2012, now exceeds €1 billion.

Over the last three months, SELF II has completed three new investments in loans financing the acquisition of a retail portfolio in France, Germany and Poland, of data centers in France and Italy and of the CB16 office tower in Paris La Défense. To date, around 50 percent of the fund’s capital has been allocated to France and Germany, and the rest across Italy, the Benelux and Poland; with Spain a potential market for future lending".

To support the growth of the platform, the Real Estate debt team has recruited two additional members. Chaoki Ben Halima has joined Natixis AM from Generali. In addition, Sylvain Deschamps has joined the debt team, as part of an internal move from AEW where he was in charge of real estate financing operations on behalf of third parties. He previously spent over two years in the real estate financing team at Société Générale. Chaoki and Sylvain, who will report to Cyril Hoyaux and Arnaud Heck and whose combined experience will serve to further strengthen the team’s expertise, will be responsible for loan origination and the assessment of investment opportunities.

Cyril Hoyaux, co-head of the real estate debt platform, said: "This new fund raising reflects the strong appetite among French and international investors for our asset class and the opportunity that our SELF platform provides to successfully access real estate debt markets across Europe. We are continuing to deploy our strategy, with the help of our expanded team, and are confident in delivering above-target returns."

Arnaud Heck, co-head of the real estate debt platform, added: "Our real estate debt platform continues to grow at a sustained pace, without compromising on asset quality or process of deals selections and follow up. Our three latest investments are in line with this approach, with co-arranged transactions or structured as small club deals.”


INFORMATION
This press release does not represent an invitation to subscribe to Senior European Loan Fund II titles. It aims to give general information about the evolution of the activities of the companies specified in this press release. SELF II is primarily exposed to risk of capital loss and interest rate risk.
1 Senior European Loan Fund II is a sub-fund of the Senior European Loan Fund SCA-SIF, a specialized investment fund under Luxembourg law, managed by AEW Luxembourg. Natixis Asset Management and AEW Europe acts as a consultant with AEW Luxembourg.
The subscription and acquisition of interests in the Senior European Loan Fund II are restricted to certain types of institutional investors who meet the definition of Well Informed Investors as set out in the Luxembourg Law of 13 February 2007 relating to specialized investment funds.
2 Source: AEW as of 30/09/2017.


Contacts

AEW
Saida Grosvalet

+33 1 78 40 92 10
saida.grosvalet@aeweurope.com
www.aew.com

Natixis Asset Management
Fanny Galène Biard

+ 33 (0)1 78 40 84 54
fanny.galene@am.natixis.com


About AEW
AEW is one of the world's largest real estate asset managers, with over €58bn of assets under management as at 30 June 2017. AEW has over 600 employees, with its main offices located in Boston, London, Paris and Hong Kong and offers a wide range of real estate investment products including comingled funds, separate accounts and securities mandates across the full spectrum of investment strategies. AEW represents the real estate asset management platform of Natixis Global Asset Management, one of the largest asset managers in the world.

As at 30 June 2017, AEW managed €26bn of real estate assets in Europe on behalf of a number of funds and separate accounts. AEW has close to 400 employees based in 10 offices across Europe and has a long track record of successfully implementing core, value-add and opportunistic investment strategies on behalf of its clients. In the last five years, AEW has invested and divested a total volume of over €17.5bn of real estate across European markets.

About Natixis Asset Management
Natixis Asset Management ranks among the leading European asset managers1 with €367, 5 billion in assets under management and 700 employees2. Natixis Asset Management offers its clients (institutional investors, companies, private banks, retail banks and other distribution networks) tailored, innovative and efficient solutions organised into five investment divisions: Fixed income, European equities, Investment and client solutions, Volatility and structured developed by Seeyond, Emerging equities developed by Emerise. Natixis Asset Management’s offer is distributed through the global distribution platform of Natixis Global Asset Management and Groupe BPCE’s two retail networks, Banque Populaire and Caisse d’Epargne.

> Further information: www.nam.natixis.com

1 Source: IPE Top 400 Asset Managers 2017 ranked Natixis Asset Management as the 51th largest asset manager based on global assets under management and by the country of the main headquarters and/or main European domicile, as of 31 December 2016.
2 Source: Natixis Asset Management – 30/06/2017.
Seeyond is a brand of Natixis Asset Management.
Emerise is a brand of Natixis Asset Management and Natixis Asset Management Asia Limited.

About Natixis Global Asset Management
Natixis Global Asset Management serves thoughtful investment professionals worldwide with more insightful ways to invest. Through our Durable Portfolio Construction® approach, we focus on risk to help them construct more strategic portfolios that seek to endure today’s unpredictable markets. We draw from deep investor and industry insights and partner closely with our clients to put objective data behind the discussion.

Natixis Global Asset Management is ranked among the world’s largest asset management firms.1 Uniting over 20 specialized investment managers globally ($951.7 billion AUM2), we bring a diverse range of solutions to every strategic opportunity. From insight to action, Natixis Global Asset Management helps our clients better serve their own with more durable portfolios.

1 Cerulli Quantitative Update: Global Markets 2016 ranked Natixis Global Asset Management, S.A. as the 16th largest asset manager in the world based on assets under management ($870.3 billion) as of December 31, 2015.
2 Net asset value as of June 30, 2017. Assets under management (AUM) may include assets for which non-regulatory AUM services are provided. Non-regulatory AUM includes assets which do not fall within the SEC’s definition of ‘regulatory AUM’ in Form ADV, Part 1.