Category Archives: Private Credit
Proterra Investment Partners Closed Credit Fund 3 at $680 Million, Exceeding Its $500 Million Target:
HedgeCo.Net — Proterra Investment Partners announced the final close of Proterra Credit Fund 3 at $680 million of total capital commitments, exceeding the firm’s original target, a… Continue reading
Blackstone Closed Its Fourth Institutional European Direct Lending Fund With About €13 Billion of Investable Capital:
HedgeCo.Net — Blackstone announced the final close of Blackstone European Senior Direct Lending Fund IV, or BXDE IV, and said that across BXDE IV and other European direct lending … Continue reading
Neo Alternative Closed Its Second Special Credit Opportunities Fund at Rs 6,200 Crore, Above Its Rs 5,000 Crore Target:
HedgeCo.Net — Neo Alternative Asset Managers has held the final close of Neo Special Credit Opportunities Fund-II at Rs 6,200 crore, about $654 million, above its initial Rs 5,000 … Continue reading
I Squared Capital Closed Its Second Infrastructure Credit Fund Above $2.4 Billion, With $3 Billion Including Co-Investment:
HedgeCo.Net — I Squared Capital has held the final close of ISQ Global Infrastructure Credit Fund II at more than $2.4 billion, over four times the size of its predecessor, the Mia… Continue reading
Blackstone and Four Canadian Pension Investors Agreed to Invest $3.1 Billion for a 49.9% Stake in Mitsubishi’s LNG Canada Holding Company:
HedgeCo.Net — Funds managed by Blackstone Credit & Insurance, together with four Canadian institutional investors, have agreed to invest $3.1 billion to acquire a 49.9% non-control… Continue reading
Churchill Closed Junior Capital Opportunities Fund III at a Record $1.54 Billion, More Than Doubling Its Predecessor:
HedgeCo.Net — Churchill Asset Management, the U.S. asset management arm of Nuveen Private Capital, announced the final close of Junior Capital Opportunities Fund III with $1.54 bil… Continue reading
CVC’s Debut Credit Secondaries Fund Passed €500 Million, Ahead of Its $500 Million Target:
HedgeCo.Net — CVC Capital Partners has closed on more than €500 million for its first credit secondaries vehicle, CVC Secondaries Debt Fund I, according to the firm’s third-quarter… Continue reading
Apollo Launched European Credit Company With More Than €10 Billion of Lending Capacity:
HedgeCo.Net — Apollo on Monday launched European Credit Company, a platform dedicated to European performing credit, including corporate and asset-backed lending, with more than €1… Continue reading
Ares Held an $8 Billion First Close for Its Latest U.S. Senior Direct Lending Funds:
HedgeCo.Net — Ares Management has held the first close of its latest U.S. senior direct lending program with more than $8 billion of equity commitments, the firm said on its third-… Continue reading
Tree Line Closed a $680 Million Private Credit Continuation Vehicle Co-Led by PGIM and LGT Capital Partners:
HedgeCo.Net — Tree Line Capital Partners, a San Francisco-based direct lender to the U.S. lower middle market, has closed a $680 million continuation vehicle, with PGIM and LGT Cap… Continue reading
KKR Closed Its First Private Credit Continuation Vehicle at More Than $460 Million, With AllianzGI Leading:
HedgeCo.Net — KKR has closed its first private credit continuation vehicle with more than $460 million of total commitments, PitchBook reported, citing market sources. Allianz Glob… Continue reading
Ascertis Credit’s Fourth Asia Private Credit Fund Passed $700 Million of Commitments on the Way to a $1 Billion Target:
HedgeCo.Net — Ascertis Credit, the India- and Southeast Asia-focused performing private credit manager formerly known as BPEA Credit, said its Fund IV has crossed $700 million of c… Continue reading