Deals & Disputes

Gide advised CIC Private Debt on the structuring of the fund Chantereine Equity CLO S.L.P.

Gide has advised CIC Private Debt on the structuring of the fund Chantereine Equity CLO S.L.P., a debt fund investing mainly in securitization positions taking the form of equity tranches of CLOs.

Chantereine Equity CLO S.L.P. is structured as a French limited partnership (société de libre partenariat – S.L.P.) and aims to invest mainly in securitization positions taking the form of equity tranches of several CLOs (collateralized loan obligations) located in the European Economic Area, managed by CIC Private Debt and representing together an underlying portfolio of up to 200/250 senior leveraged loans.

Chantereine Equity CLO S.L.P. promotes environmental and/or social characteristics within the meaning of Article 8 of the Disclosure Regulation (2019/2088) and is open to “well-informed”’ investors within the meaning of Article L. 214-162-1, VI of the French Monetary and Financial Code (code monétaire et financier).

The Gide team was composed of Guillaume Goffin, partner, and of Hugo Panahpoursalehi and Antoine Nicolaï, associates.