Debt
Polestar Capital to raise up to EUR 500m for new e-mobility investment strategy
Dutch GP plans to close new vehicle in mid-2024 as Circular Debt fundraising continues
Palatine launches growth credit strategy for UK’s underserved regions
New fund will aim to support VC-backed companies’ growth while extending their cash runway, Will Chappel told Unquote
CVC Credit targets EUR 7bn for new European direct lending fund
Fresh fundraise follows the EUR 6.3bn final close for the strategy's predecessor vehicle in December 2022
Alcentra revives direct lending push with multi-billion fundraising drive
Direct lender registered its fourth European fund in Luxembourg in January 2021
GP Profile: Metric Capital confident of structured capital strategy demand with multiple exits in pipeline
UK-based sponsor banks on appeal of its strategy as an alternative to private equity and debt providers
Hayfin markets USD 500m healthcare-focused private credit fund
New vehicle could back investments such as ARR-based direct loans to high growth businesses
GP Profile: Soho Square pushes ‘dequity’ model in UK, eyes dealflow uptick
London-based sponsor has around GBP 100m left to deploy for nascent model that invests debt but behaves like private equity
Carlyle private equity fundraising slumps behind peers
Sponsor remains on the road for its eighth flagship fund amid turmoil at CEO-level, with fundraising lagging behind peers KKR and EQT
Accession Capital Partners aims for autumn 2023 final close for Fund V
Sponsor has held a EUR 150m first close for its latest fund and will back Central European businesses with flexible capital
Clessidra on track for 2023 final close for debut private debt fund
GP has raised EUR 150m for the vehicle against a EUR 250m target, with one third already deployed
Santander's Tresmares launches in UK with GBP 725m fund
GP has hired ICG's Philippe Arbour to lead evergreen fund that offers products including direct lending
Ardian closes new credit fund on EUR 5bn amid "ongoing bank retrenchment"
Managing director Mark Brenke tells Unquote the firm sees strong opportunities with expanding role of direct lending in Europe
Hambro Perks holds first close for debut venture debt fund
B2B software and patented hardware-focused fund is more than halfway towards its GBP 100m target
17Capital gears up for Fund 6
GP raised USD 2.9bn for its previous dedicated NAV-based preferred equity vehicle in 2021
Nuveen buys Arcmont, forming Nuveen Private Capital
Minority investor Dyal Capital exits stake, deal comes amid a buoyant private lending market
Three Hills holds EUR 1bn final close for THCS IV
Preferred capital vehicle almost double the size of predecessor; plans to provide larger maximum tickets
Fidelity markets EUR 1bn-plus debut direct lending fund
Asset manager is in discussions with prospective LPs for vehicle registered in December
AnaCap carves out credit division
New business, Veld Capital, will raise new funds and also deploy via AnaCap's existing credit funds
Adams Street launches private credit platform in Europe
Investor hires James Charalambides from Sixth Street to lead new strategy out of London
ICG on EUR 10bn-plus direct lending fundraise for large deals
New unitranche fund will be on par with Ares’ latest, which has a target north of EUR 11bn
ICG closes European Corporate fund on EUR 8.1bn
Fundraising exceeds EUR 7bn target set for eight vintage of flagship debt fund
Tikehau holds EUR 3.3bn final close for TDL V, plans further fundraises
GP said in its H1 2022 results that it has fundraises for its flagship funds in sight for Q3
ACP holds EUR 90m first close for debut credit fund
Fund aims to bridge the lending gap for Central European lower mid-cap businesses, complementing existing bank lending
Shard Credit holds first close for GBP 75m debut venture debt fund
GP has so far raised GBP 16.5m; hopes to hold final close by June 2023 on hard cap of GBP 100m