The investment banking arm of Barclays Bank, Barclays Capital has raised $1 billion (€648 million) for its debut junior credit fund – a “substantial portion” of which is an anchor commitment from its parent company, a spokesperson has told PEO.
The Barclays Structured Principal Investing Fund was raised by the affiliated principal credit investment unit of Barclays Capital (BarCap), Barclays Structured Principal Investing.