Robin Blumenthal
The acquisition, valued at $700m, will double the US manager’s private credit assets under management.
Vehicle hits its target and will provide asset-based lending to companies disrupting traditional financial markets.
The credit solutions fund is part of a platform that bills itself as 'all-weather distressed and special situations'.
The manager raises $1.8bn of investable capital, 'materially' exceeding its target.
Manager raises more than $600 million for stressed, dislocated and distressed vehicle.
The manager will have $500m of investable capital, including leverage, to deploy.
The head of global credit discusses how recent moves will underpin the growth of the platform and the overall business.
From proposals to strengthen disclosure rules to the digitisation of information, experts share their views of the effects on fund administration. By Robin Blumenthal
Monroe Capital Private Credit Fund IV beat its $1.5bn capital raising target by more than $800m.
Upper middle-market loans are said to provide deal sourcing advantages and relationship benefits.