BNP Alternatives AM Unit Capza Raises €1.4 Billion For Fund

Capza, a BNP Paribas-owned alternative investment firm, secured €1.4 billion ($1.7 billion) for its latest private credit fund, per a Bloomberg-obtained statement. The fundraising marks one of the largest recent private credit pools in Europe, reflecting strong institutional demand for alternative lending vehicles amid tightening traditional bank financing. The new fund will focus on direct lending to mid-market European companies, targeting sectors with stable cash flows and growth potential, according to undisclosed strategy details. This capital raise follows a broader trend of asset managers expanding private credit offerings as investors seek higher yields outside public markets in a volatile economic climate. The fund’s closure in early 2026 underscores Capza’s growing influence in European private debt, bolstered by BNP Paribas’ backing and a track record of mid-market financing deals.