CANDRIAM and New York Life Investments Alternatives to acquire a 33% stake in Kartesia Management.

CANDRIAM, an investment management firm, and New York Life Investments Alternatives to acquire a 33% stake in Kartesia Management, an independent and privately-owned European specialist financing small and middle-market companies. Financial terms were not disclosed. “We are enthusiastic to create a partnership that will strengthen the Kartesia platform and bring further growth opportunities to our team and our clients. CANDRIAM’s distinction in ESG investing and strong European distribution platform combined with New York Life Investments Alternatives’ reputation in the US and Asia as a focused player in the middle market make this an ideal partnership for us as we continue to strategically grow and evolve our business," Jaime Prieto and Damien Scaillierez, Kartesia Management Managing Partners.