The European defence at its core

  • Posted 07.04.2025
Elvinger Hoss Prussen Newsflash-5

Elvinger Hoss Prussen, led by partner Xavier Le Sourne, with the assistance of senior associates Kenza Bensaid (Investment Funds) and Benoît Nerriec (Financing), and associate Caroline Kam, advised Sienna Investment Managers on the structuring and implementation of Sienna Héphaïstos, a private debt strategy dedicated to supporting SMEs and mid-caps operating in the European defence ecosystem. The fund targets commitments between EUR 500 million and EUR 1 billion from institutional investors across France and Europe.

Structured as an Article 8 fund under the SFDR, Sienna Héphaïstos integrates ESG considerations while explicitly excluding financing of activities prohibited by international treaties signed by France and Italy.