September 30, 2025
- As an ELTIF domiciled in Bizkaia, it has significant tax advantages and benefits for both the instrument itself and for individual investors residing in Bizkaia and Álava.
- The fund promotes environmental and social characteristics and includes sustainability criteria in its investment analysis.
- The fund, which targets €100 million, is supported by a solid base of institutional investors, including the European Investment Fund (EIF) and Kutxabank as anchor investors.
Talde has completed the first closing of its second private debt fund, named Talde Alternative Debt II, FILPE, with commitments totaling €58 million. The fund, which has a target of €100 million, has a solid base of institutional investors, including the European Investment Fund (EIF) and Kutxabank as anchor investors. Other institutional investors, such as pension funds, family offices and private investors, have also joined the project.
The fund provides financing solutions to established small and medium-sized companies with growth potential in various sectors. It offers long-term loans (5 to 7 years) with flexible repayment structures, primarily through secured senior debt, and tickets ranging from €2 million to €7 million, to be deployed in growth projects. Classified under Article 8 of the SFDR (the EU's Sustainable Finance Disclosure Regulation), the fund promotes the environmental and social characteristics and includes sustainability criteria in the investment process.
Talde will create a diversified portfolio, primarily senior secured loans, to help drive business growth. The initiative seeks to strengthen the development of SMEs throughout the country, to help diversify companies' sources of financing, to improve their financial strength, and to adapt liability structures to their specific needs, with a particular focus on supporting Basque SMEs in their growth projects.
Beatriz del Val, Head of Private Debt at Talde, points out that the fund is designed to “generate returns for investors, while contributing to the development of the business, financial, and social environment."
Talde Deuda Alternativa II, FILPE is the second European fund for ptomoting the financing of economic activity (ELTIF) launched by Talde, developed in accordance with the European investment fund regulations. Thanks to the tax regulations of Bizkaia and Álava, among other advantages, Talde Deuda Alternativa II provides individual investors residing in these two regions with significant discounts tax benefits.