Credit/Special Situations
Main Capital launches restructuring fund for Covid-19 crisis
Fund is dedicated to UTP exposures and is composed of a credit section and a finance unit
PHI Industrial launches €50m third fund
Fund will target European companies requiring management changes and a restructuring strategy
Zetland Special Situations Fund I closes on €372m
Zetland has a team of 14 investment professionals and €500m in assets under management
Inspirit closes debut fund on £50m
Inspirit Fund I closed on its hard-cap and is currently being deployed by the firm
Bluebay spinout Arcmont Asset Management launches
Arcmont has a legacy €13bn AUM comprising direct lending and senior loan positions
Clessidra holds €320m first close for restructuring fund
GP intends to diversify its strategy and expand its business by entering the bank credit segment
Anacap raises €1bn for credit fund
Vehicle was launched in November 2018 with a $750m target and raced to a first close on $600m
CVC Credit holds $1.42bn final close for GSS II
Special situations fund had a target of $1bn and was closed after eight months on the road
Certior holds €51m first close for Credit Opportunities Fund II
Fund focuses on the European SME direct lending segment, in particular in seeding emerging managers
Green Arrow to launch two new funds
GP will raise a €200m fund called Special Credit Situations, on the road by the end of the year
Natixis IM buys MV Credit Partners
London-headquartered MV invests in both senior and subordinated debt across Europe
Towerbrook wraps up double fundraise on $5.3bn hard-cap
Towerbrook V and Towerbrook Secondary Opportunities II (TSO II) both surpass their targets
Capzanine Special Situations holds first close on €55m
Capzanine's maiden turnaround vehicle supports SMEs experiencing a phase of underperformance
Crestline approaches final close of Portfolio Financing Fund
Texas-based GP is aiming to secure up to $500m in a February close for its debut fund
Oakfield holds first close on £33m
Fund raises significantly more than its £8.2m predecessor, Oakfield II UK Special Situations Fund
DeA launches second corporate credit recovery fund
Idea CCR II, a debtor-in-possession vehicle, has already reached a first close on €300m
EQT's third credit fund closes on €1.3bn
Approximately 20% of the fund had already been invested at the vehicle's final close
QuattroR holds €711m first close for maiden vehicle
Italian turnaround newcomer QuattroR launched its first fund with a €1.5bn target
Fidelium Partners closes €103m special situations fund
Fidelium invests in companies that are facing significant operational challenges, as well as carve-outs
Orlando closes fourth special situations fund on €320m
Fund will invest in special situations in the DACH region's Mittelstand as well as in the Nordic countries
Bridgepoint looking to raise further capital for Special Opportunities strategy
The capital pool would be deployed in France-based SMEs in challenging financial situations
Nordic newcomer Mimir launches special situations fund
Vehicle will be heavy on Nordic exposure, co-founder Joakim Notö tells unquote"
Carlyle raises $2.24bn for Strategic Partners IV
Fund has received four times the commitments of its predecessor, CSP III
OpCapita raises €350m for second fund
Vehicle is more than three times the size of its 2014-vintage predecessor
