Allianz Global Investors raises €500m

The New York-based asset manager has held a first close for its global-focused fund of private debt funds.

Fund name: Allianz Global Diversified Private Debt Fund
Fund size:
€500 million
Target size:
€1.5 billion
Launch date:
June 2021
Stage of fundraising:
First close

Allianz Global Investors has announced its first close for Allianz Global Diversified Private Debt Fund at €500 million, according to a recent press release by the firm. Allianz’s first global private debt fund launched only two months ago. The vehicle will seek to partner with private debt fund managers and will also participate in co-investments alongside managers globally.