Just closed: Guggenheim Investments raises $1.6bn

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Guggenheim Investments has raised $1.6 billion for its Guggenheim Private Debt Fund 2.0. The Chicago-headquartered firm began fundraising in 2015 with a $1.5 billion target.

Its previous fund raised $1.4 billion in 2012.

The fund will target senior debt opportunities in a diverse number of sectors in the United States.