Justin Slaughter
The deal is the firm's first since US risk retention requirements kicked in for CLO managers.
New Mountain topped the trio with an issuance of 5 million shares.
The report based on 150 companies also showed slight decline in EBITDA.
Fresno, California public pension has already committed $150m to new fund.
The total is slightly down from its Q4 2016 total of $114m.
Douglas Bollermann joins the Houston-based firm as it looks to broaden its senior investment team.
The CIP VI, a hybrid equity and credit fund, is the third vehicle the global asset manager has closed in 2017.
The fund surpassed its original fundraising target by $125m.
Bypassing alternative lenders, the PE firm tapped Wall Street juggernauts in order to slash ‘more than half’ the debt’s interest.
The pension heard a presentation on Benefit Street Partners’ Fund IV at its most recent investment committee meeting.