AlbaCore raises €1.5bn

The London-based European fund manager closed its second fund above target.

By
Carissa Ham
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  • Fund name: AlbaCore Partners II
  • Amount raised: €1.5 billion
  • Stage of fundraising: Final close
  • Final close date: February 2020

AlbaCore has held a final close on AlbaCore Partners II at €1.5 billion, surpassing its €1 billion target. The vehicle focuses on private credit solutions for larger European companies and invests across the primary and secondary markets.