Golub raises $663.6m in fourth close

 The New York-based firm has collected more money towards it Golub Capital Partners 10 fund.

Golub Capital has collected $663.6 million in a fourth close on its 10th fund, according to two Securities and Exchange Commission filings posted on Wednesday.

The firm reported a $360 million third close for the Golub Capital Partners 10 fund in January . Golub has not stated a target for the fund, though debt managers tend to raise them in line with the vehicle's predecessors.

The firm closed its Golub Capital Partners 9 fund last July on $970 million in capital commitments. The fund was levered at 2.5:1 debt-to-equity and fund 10 should have the same leverage ratio. Golub began raising money for fund 10 as soon as it closed its predecessor as the firm was putting the money to work quickly.

Recent Golub deals include a unitranche loan supporting an acquisition of Sovos Compliance by HgCapital, a senior credit facility backing the buyout of Park Place Technologies by GTCW and a one-loan debt facility supporting Audax's acquisition of Active Day Senior Care.

The New York-headquartered firm has about $15 billion in assets under management across its private closed-ended funds, a business development company and separate accounts. It invests in mid-market loans, late-stage lending and broadly syndicated loans. The firm shut down its opportunistic credit hedge fund business earlier this year, citing market volatility concerns.