Debevoise & Plimpton LLP has advised Apera Asset Management (Apera), a UK-based pan-European private debt manager in the mid-market space, in Kudu Investment Management, LLC’s (Kudu) minority investment in Apera through an Apera affiliate. Kudu is a provider of permanent capital solutions to independent asset and wealth managers. The firms are not disclosing financial terms.
Established in 2016, Apera specializes in providing private debt solutions to middle-market businesses, primarily in the U.K., Germany, Austria, Switzerland, France, Benelux and the Nordic region.
Apera remains independent and majority employee-owned and continues to be led by founding partners Klaus Petersen, David Wilmot and Robert Shaw. Apera will use Kudu’s investment to accelerate the growth of its business.
For more information, please see the company’s press release.
The Debevoise team advising Apera was led by partners Geoffrey Burgess and Geoffrey Kittredge, and included associates Clarissa McNerney, Rachel Stables and Toby Wenham-Rogers. Regulatory advice was provided by partner Patricia Volhard and associate Eric Olmesdahl. Tax advice was provided by partner Richard Ward, international Counsel Patrick Fasoro and associate Paul Eastham.