Fundraising

Kreos breaks €1bn mark for venture debt fund

The firm’s seventh debt fund is thought to have secured more than €1bn of commitments with a final close expected later this year.

AllianzGI closes global fund of funds at €3.3bn

The fund was heavily oversubscribed and more than doubled its initial fundraising target.

AlbaCore prices CLO V at €347.6m

The CLO will have a strong focus on ESG criteria and is expected to close next month.

Fidelity Private Credit Fund breaks escrow, begins operations

Fidelity’s first BDC has begun operations and will direct lend to mid- and upper-mid-market private companies.

Applied Real Intelligence holds first close on venture debt fund

Fund’s first close may be a sign that venture debt activity has survived the seizure of Silicon Valley Bank.

Polestar adds four investors to impact debt fund

The new investors in Polestar’s vehicle, which focuses on backing innovative circular economy projects, have provided €87m.

Distressed debt fundraising: The key numbers

PDI looks back on capital accumulation in recent years, as investor anticipation grew – sometimes without reason

Mid-market lending: Private debt benefits as banks pull back

How do you characterise the state of the mid-market? There’s something of a reality check going on.

Allianz hold first close of energy transition debt fund on €220m

The fund is targeting €750m and is the firm’s first vehicle dedicated to energy transition debt.