Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, software, industrial technology, and healthcare industries, announced the final closing of Genstar Capital Partners IX with $5.5 billion in...
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February 25, 2019, 08:01 AM
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American credit specialist CIFC has launched a UCITS fund as it builds its presence in Europe. The CIFC Global Floating Rate Credit Fund opens up access to the firm’s structured credit expertise for the first time in a UCITS format. It will invest in...
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January 29, 2019, 07:00 AM
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Ares Management Corporation announced the final closing of its inaugural, commingled U.S. senior direct lending fund, Ares Senior Direct Lending Fund (SDL). SDL was significantly oversubscribed relative to its initial target of $2 billion in L.P....
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January 04, 2019, 08:00 AM
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Business Development Corporation of America, through a wholly-owned, consolidated special purpose financing subsidiary, BDCA Funding I, LLC, entered into an amendment to its revolving credit facility with the company, as the servicer, Wells Fargo...
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December 27, 2018, 08:00 AM
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Monroe Capital LLC announced the final close of its 2018 Monroe Capital Private Credit Fund III (“Fund”) at $1.33 billion of limited partner commitments with over 100 investors in eight countries, eclipsing the Fund target of $800 million. When...
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November 27, 2018, 08:11 AM
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H.I.G. Capital (H.I.G.), a global alternative asset management firm with $28 billion of equity capital under management, announced the closing of H.I.G. Growth Buyouts & Equity Fund III. The Fund closed with aggregate capital commitments of $970...
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October 19, 2018, 08:00 AM
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Vistara Capital Partners announced the launch and first close of its third fund, the Vistara Technology Growth Fund III LP, with a goal to raise $100 million. “Vistara” provides capital in the form of highly flexible debt financing for tech companies...
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October 16, 2018, 07:00 AM
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White Oak Global Advisors, LLC announced the close of the White Oak Yield Spectrum Fund to outside investors. The Fund and other associated vehicles raised concurrently approximately $2.1 billion of total commitments, exceeding the $1.75 billion...
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September 13, 2018, 08:01 AM
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Energy Impact Partners (EIP), a utility-backed energy investment and innovation firm, announced that it closed its fundraising efforts with up to $681 million to invest in cutting-edge energy technology companies. The EIP investment capital is...
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September 10, 2018, 07:00 AM
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Global alternative asset manager The Carlyle Group announced the final close of Carlyle Partners VII, an $18.5 billion fund that makes majority and strategic minority investments primarily in the U.S. across five industries: Aerospace, Defense &...
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July 30, 2018, 08:00 AM
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Greystone announced the May 30, 2018 closing with investors of the $750 million Greystone Senior Debt Opportunity Fund. The Fund is managed by Greystone’s affiliate investment adviser and includes several institutional and large public pension fund...
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June 22, 2018, 07:04 AM
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Investor interest in distressed debt currently outstrips all other private debt fund types, with 52% of institutions targeting the strategy in Q1 2018. However, fundraising has slumped in 2018 so far, with just three distressed debt funds having...
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May 14, 2018, 07:26 AM
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Atalaya Capital Management, an alternative asset manager focused on opportunistic credit and special situations investments, announced today that it has closed its fourth Asset Income Fund (AIF IV) at its $900 million hard-cap, exceeding its $750...
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May 10, 2018, 07:04 AM
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Private equity buyout funds are increasingly becoming involved in the information technology sector, particularly as some technology companies become larger and more mature, Preqin reported. Sixteen information technology-focused buyout funds closed...
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March 15, 2018, 08:00 AM
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Sentinel Capital Partners, a private equity firm that invests in promising lower middle market companies, announced the simultaneous first and final closings of Sentinel Capital Partners VI, L.P. at $2.15 billion and Sentinel Junior Capital I, L.P....
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January 26, 2018, 07:10 AM
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Tennenbaum Capital Partners, LLC, an alternative investment management firm, announced the closing of TCP Direct Lending Fund VIII and its affiliated vehicles with more than $1.9 billion of investor equity commitments.DLF VIII is a continuation of...
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January 24, 2018, 07:10 AM
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According to a new report from Preqin, 2017 was a record year for private debt fundraising, as a combined $107 billion was raised by 136 vehicles. North America saw the most activity, with 75 funds focused on the region raising a total of $67 billion...
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January 05, 2018, 07:30 AM
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Ares Management, L.P. announced that it has held the final close for its junior capital direct lending fund, Ares Private Credit Solutions. The Fund held its final closing with $3.4 billion of total commitments, which exceeded the initial fundraising...
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December 21, 2017, 07:22 AM
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