The escalating Eurozone crisis is weighing on both target business’ financing options and operating environments. Meanwhile, private equity fundraising remains buoyant. In this week’s Private Equity News, Graham Olive, head of acquisition and strategic finance for northern Europe at Natixis, explains why this requires a pliant approach from lenders wishing to support sponsors’ acquisition and growth ambitions. Graham points to the example of a recent transaction – led by Natixis, the Royal Bank of Canada and J.P. Morgan Chase – to support the €1bn acquisition of Global Blue by Silver Lake Partners and Partners Group. A flexible approach was needed to structure the acquisition financing, not least to give the borrower the option of accessing capital markets in the near future.