Fundraising

NorthWall closes credit opps fund ahead of target on €640m

The firm’s second opportunistic credit fund closed at more than twice the size of its predecessor with backing from LPs across the US, Europe and Asia.

Accession secures €336m for hybrid fund

The firm will continue its strategy of backing Central European growth businesses with debt and equity solutions.

Kartesia raises €1.8bn for second gen senior credit fund

The fund will continue its strategy of investing in lower mid-market companies in Europe.

Abu Dhabi anchors Pemberton NAV Finance fund

Support from the Emirate’s sovereign wealth fund and other investors will enable the strategy to hold a first close soon.

Seven growth opportunities: The return of the mid-market

M&A activity looks set to finally rebound in 2024, with lenders reporting a strong start to the year.

Benefit Street Partners closes special situations vehicle on $850m

Second vintage has already deployed 40% of capital, and early investments are putting up net IRRs of 25%, manager says.

Ares raises over $17bn in Q1, with more than $14bn in the credit group

LA-based manager has a record amount of available capital, but sees dip in fundraising from Q4 2023.

Five key trends in the European debt market

Fundraising and deal volumes show signs of picking up after falling sharply in 2023.

DOWNLOAD: Q1 fundraising hits 8-year low

Fundraising activity sunk to its lowest since 2016.

Why private debt fundraising saw a seven-year low

In the latest episode of the Private Debt Investor Podcast, Darius Craton of Raymond James explains why 2023 was such a difficult capital-raising environment, but why 2024 looks more promising.