GoldenTree closes debut private credit fund

Commitments total $1.35bn, including $50m from partners and employees.  

GoldenTree Asset Management, the New York-based credit asset manager behind GoldenTree structured products funds, has closed its first pure private credit fund, called simply the GoldenTree Private Credit Fund, on $1.35 billion of commitments. This is roughly 165 percent of the target of $800 million.

GoldenTree Asset Management, founded in 2000, has more than $53 billion in assets under management.