AEW Europe plans €750m debt fund launch

AEW Europe, the Paris-based private real estate investment firm, has appointed Cyril Hoyaux as head of debt funds management ahead of the launch of a €750m debt fund. The firm is seeking to significantly expand its real estate debt platform with the appointment of Hoyaux and the setting-up of its second debt fund, Senior European Loan Fund 2 (SELF2).

AEW Europe, the Paris-based private real estate investment firm, has appointed Cyril Hoyaux as head of debt funds management ahead of the launch of a €750m debt fund, reports Real Estate Capital’s sister publication, PERE. 

The firm is seeking to significantly expand its real estate debt platform with the appointment of Hoyaux and the setting-up of its second debt fund, Senior European Loan Fund 2 (SELF2).

SELF2 will target €750m and seek to finance senior loan transactions mainly across France, the UK and Germany in office, retail, multifamily and logistic assets.

Cyril Hoyaux
Cyril Hoyaux

AEW Europe established its debt platform back in 2012, raising €323m for its debut fund, which recently completed its investment program.

“There is still a clear appetite from our investor clients and contacts to invest in real estate debt, attracted by the yields available, particularly when compared to those from other forms of credit such as corporate bonds and gilts,” said Rob Wilkinson, chief executive of AEW Europe.

Hoyaux joins AEW Europe from JLL France where he was co-director and co-founder of its Debt Advisory platform, which he helped establish to assist investors in achieving their debt financing requirements.

Prior to this, Hoyaux was at Morgan Stanley where he was responsible for sourcing and structuring in excess of €4bn of real estate financing transactions. He will be based in Paris and will report to Raphaël Brault, head of separate accounts and funds at AEW Europe.

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