Fund name: CAM Private Credit Income Fund IV
Target size: $300 million
Stage of fundraising: Pre launch
Lloyd Crescendo Advisors plan to launch a private debt fund in the first quarter of 2021, a contact at the firm informed Private Debt Investor.
The New York headquartered fund manager is looking to raise $300 million from institutional investors. The fund, CAM Private Credit Income Fund IV, will provide senior secured asset-backed loans, and this will be across all sectors. Information on previous funds is currently unknown.