BlueBay Asset Management is closing its second direct-lending fund on its hard-cap of €2 billion, PDI can reveal.
The fund had an initial target of €1 billion and the London-headquartered mid-market debt team closed the vehicle to new investors after five months of fundraising in June, said sources close to the situation.
BlueBay hits €2bn hard-cap for second DL fund – exclusive
The London-based asset manager raised double its initial target and well over its €2 billion hard-cap.
