Stinger Launch & First Transaction
Today marks two milestones we’re proud to share at Stinger, the launch of our fund and our first transaction.
We recently launched Stinger Capital, a Luxembourg-based private credit fund focused on direct lending to mid-market companies across Europe. Yesterday we officially closed our first transaction: a €10mn, long term senior secured loan to one of Spain's leading private hospital groups helping them support their rapid growth.
This is the type of transaction we built Stinger for. A family-run, high-quality business in a resilient sector, driven by a management that knows how to grow and integrate new businesses. Our team built a relationship over time, allowing us to bring genuine value as a long-term partner.
At Stinger, we see a structural opportunity in European private credit as banks continue to restrict mid-market lending. Borrowers need flexible, relationship-driven capital. Our paneuropean approach provides us plenty of opportunities and flying below the investment range of mega-funds opens a wide market.
We want to thank our investors and partners for their trust in helping Stinger reach these milestones. Special thanks to the Team and all those who’ve helped us make this happen. This is just the beginning, more to come soon.