Kreditfonden, Sweden

Copenhagen-based debt fund; Denmark, Sweden, and Finland; DKK 100M+ minimum; senior and whole loans; construction risk accepted; approximately 360bps margin and 75% LTV maximum; fits Kystvejen 42 Project Moat mandate exactly.

Largest debt manager in the Nordics; whole loan and senior financing across Denmark, Sweden, Norway, Finland, and Poland; stabilised cash-generating assets; logistics, office, residential, and retail; approximately €3B AUM.

Scandinavian challenger bank and specialist lender; active in Nordic real estate including development finance, hotel, and hospitality lending; Swedish and Norwegian focus; provides construction and investment loans to Nordic property developers.

UK-based alternative credit manager with Nordic focus. Partnership with Avenue Capital targeting €200M+ in Nordic/European real estate debt (12-month deployment target). Senior and whole loan products. Active across Scandinavian markets and UK. Ticket sizes typically £5–50M.

Pan-Nordic bank with strong CRE lending platform across Scandinavia and Finland. Provides senior debt to institutional sponsors. Focus on income-producing assets; limited construction appetite. Margin circa 215 bps, LTV up to 65%. Key markets: Denmark, Sweden, Finland, Norway.

Oslo-based Norwegian/Swedish real estate credit fund; senior and whole loans with a logistics and industrial focus; active in Norway and Sweden; provides alternative senior and mezzanine debt to Nordic real estate sponsors.