Golub Capital announced the final close of its sixth credit opportunities fund, GEMS Fund 6, L.P. (“the Fund” or “Fund 6”), with $2 billion of investable capital.
Fund 6 is the largest Golub Capital Credit Opportunities fund to-date. Commitments were in excess of the target fundraise and came from a diverse range of global institutional and private wealth investors across North America, Europe, the Middle East and Asia.
“We have a proven track record in Credit Opportunities with five successful predecessor funds over the past 17 years,” said David Golub, President of Golub Capital. “We are deeply grateful to all of our existing and new investors, who have shown confidence in our ability to find attractive credit opportunities across market cycles.”
The Golub Capital Credit Opportunities team focuses on a series of credit and credit-related sub-strategies in areas related to the Firm’s market-leading direct lending franchise, including stressed middle market loans, credit fund secondaries, NAV loans, CLO liabilities, preferred stock and other liquidity solutions for sponsor-backed companies.
With a dedicated strategy since 2007, Golub Capital Credit Opportunities leverages the full breadth of the Golub Capital platform’s capital markets, leveraged finance, sales and trading, broadly syndicated loan and direct lending expertise including the ability to identify mispriced value while maintaining a relentless focus on downside protection.