Fundraising

Crescent closes European lending fund on €3bn

The fund closed ahead of target, citing strong demand for European lending from investors.

First Eagle launches evergreen BDC

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

Pantheon raises $5.2bn for third credit secondaries programme

The strategy, one of the largest of its kind, closes amid ample opportunities in seasoned funds.

DOWNLOAD: Fundraising rebounds with record Q1

Private credit managers raised over $74bn in the first quarter.

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.

Distressed debt by the numbers

Distressed strategies took a hit in 2024, with fundraising totals down considerably on 2023’s figures and marking a significant drop on the highs of 2019-20.

Asia-Pacific fundraising is playing the long game

Fundraising for Asia-Pacific has been extremely challenging over the past two years, but the foundations for long-term growth are strong.

AlbaCore launches senior strategy with $1.8bn anchor commitments

Commitments from Mitsubishi UFJ Trust Bank and Abu Dhabi’s sovereign wealth fund give the strategy’s first vintage significant firepower.

Pollen Street increases AUM 29% on back of strong fundraising

The firm said its is on track to hold a final close of its credit fund this year at its £1bn target.