GSO Capital Solutions Fund exceeds $3.25bn
GSO Capital Partners, the credit unit of Blackstone Group, has held a final close on its credit fund, GSO Capital Solutions Fund on more than $3.25bn.
The fund focuses on mezzanine investments, distressed situations, credit hedge funds and leveraged loans, and has already invested about $600m in seven companies.
GSO seeks to back companies suffering liquidity draught or are in need of a capital infusion to meet covenant requirements and debt maturities.
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