Fundraising

17Capital on its $5.5bn fundraise: NAV lending growing with ‘adoption from the big names’

NAV loans are generally helping performing buyout funds, rather than those struggling with distributions, says partner Dane Graham.

Post Road Group closes flagship debt fund and digital infra fund

The firm’s debt fund hit $525m, beating a target of $500m, while its structured equity fund closed on $500m.

Real estate debt remains strong as private debt fundraising falters

Private lenders are poised to snap up $1trn of CRE mortgages in the next three to five years, says Moody’s.

Jack of all strategies, or master of one?

There is much talk of LPs expanding into new areas of private debt, but some are simply choosing a new approach to a familiar strategy.

KKR raises $6.5bn for ABF fund, beating target

The firm, alongside PIMCO, announces partnership with Harley-Davidson Financial Services.

Korea’s IMM leans on domestic LPs to close debut credit fund

IMM Credit & Solutions already has around $2.2bn of AUM across 12 investments, chief executive Chan-Woo Park and vice-president Jong Weon Lee tell PDI.

Partners holds first close on €1bn for European direct lending

The firm says it has seen a surge in interest in European private credit from investors in Asia and North America.

Brookfield-backed Pinegrove launches $800m venture debt fund

Pinegrove Capital Partners was formed via a partnership with Sequoia Heritage in 2023.

Coller raises $6.8bn for credit secondaries

The firm raised the capital through its fund, SMAs, co-investments and its evergreen offering.