Fundraising

Amid tariffs, Penfund closes on $1.8bn

The fund is the Canadian firm’s first senior debt strategy in 25 years.

LPs expect PE’s fundraising woes to deepen amid tariff volatility

Investors believe uncertainty caused by US President Donald Trump’s tariff policies could postpone a thaw in exit markets, compounding existing fundraising challenges.

Sky Leasing holds final close on $1.35bn

The fund beats its target, doubles its predecessor and reflects the return of creative aircraft financing.

MSCI: Private debt faces fundraising slowdown risk

While a tangible decline has yet to surface, prolonged sluggish fund performance predicts a negative trend.

First Eagle launches evergreen BDC

The public but non-listed vehicle plans to lend to borrowers with EBITDA of $5m-$50m.

Freeport holds final close for Fund VI on $2bn

The direct lending fund beat its target by $200m and its predecessor by $300m in equity commitments.

BC Partners Credit holds final close at $1.4bn

The third vintage of its special opps fund beat its predecessor and target with a high re-up rate.

Marathon holds final close on $2.7bn fund

The distressed credit fund has outraised its target and its prior vintage.