John Bakie
The firm raised the capital through its fund, SMAs, co-investments and its evergreen offering.
The firm also completed its second deal in Germany as it looks to expand its geographic reach.
Fundraising slowed down in the second quarter with fewer large fund closes.
The firm’s latest opportunistic credit fund raised more than 20% of its total from private wealth channels.
Opening private markets to individual investors has brought concerns about liquidity to the fore.
The Canada-based investor announced it will anchor Arini’s first direct lending fund alongside a substantial co-investment agreement.
The London-based opportunistic credit specialist has held first closes on a number of different strategies as it says investor interest in Europe is growing.
The fund is expected to follow a similar strategy to its predecessor of investing in equity tranches of Polus CLOs.
The asset manager is rumoured to be lengthening its fundraising period, having previously outlined an opportunity to help clients diversify their private debt portfolios.
The new office is accompanied by four senior hires aimed at getting North American investors to invest in European credit.