Andrew Hedlund
The London-based investment firm has surpassed its goal of €1.5bn and will aim for a final close by year-end.
FS Investment Corporation, Franklin Square’s BDC, is a first-lien lender to the oil and gas company.
The CLO deal is the Boson-based firm’s first securitisation this year.
.jpg "Antares, Lone Star JV backs software acquisition")
The Middle Market Growth Programme’s $262m loan will let Clearlake buy a software company from PE firm Thoma Bravo.
The first-lien lenders would receive $300m in cash of the $705m distribution under a bankruptcy-exit proposal later.
The $35m commitment is part of the fund’s opportunistic credit strategy.
The last fund in this series brought in $1.5bn.
.jpg "Gawker gets $22m loan from Cerberus")
The New York-based media company filed for bankruptcy after it lost a lawsuit against wrestler Hulk Hogan (pictured).
The Harrisburg, Pennsylvania, pension fund is investing in $600m in multiple fund operators that it has done business with in the past.
The credit investment firm is getting nearer its $1.3bn target for its third opportunistic fund.