Golub Capital has raised $2bn (£1.6bn) for its sixth credit score alternatives fund, dubbed GEMS Fund 6, beating its goal.
The $65bn credit score asset supervisor stated that the fund is its largest credit score alternatives fund up to now, attracting commitments from a variety of institutional and personal wealth traders throughout North America, Europe, the Center East and Asia.
“Now we have a confirmed monitor report in credit score alternatives with 5 profitable predecessor funds over the previous 17 years,” stated David Golub, president of Golub Capital.
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“We’re deeply grateful to all of our current and new traders, who’ve proven confidence in our skill to seek out engaging credit score alternatives throughout market cycles.”
The Golub Capital Credit score Alternatives staff focuses on a collection of credit score and credit-related sub-strategies in areas together with confused center market loans, credit score fund secondaries, NAV loans, CLO liabilities, most well-liked inventory and different liquidity options for sponsor-backed firms.
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