A Nordic institution plans to allocate approximately €10-15 million to a private credit fund focused on opportunistic or special situation direct lending. According to Global Fund Search, the investor is exploring opportunities within the European opportunistic and special situation private credit space, with a potential commitment to such a strategy in 2025. Search Criteria Strategy: Corporate direct lending strategies in the European opportunistic/special situation space. Preferably senior secured. Hard restriction: No exposure to tobacco producers. Return target: Net IRR of 15% or higher measured in EUR (after hedging costs) Timing: Funds that are targeting Final Close no earlier...