Fund name: LCM Credit Opportunities 4
Target size: €4 billion
Actual size: €3.4 billion
Launch date: January 2020
Stage of fundraising: First close
The fund’s predecessor, LCM Credit Opportunities 3, held a final close in October 2016 at €2 billion, exceeding its €1.5 billion target. Credit Opportunities 4 is targeting €4 billion and has received commitments from several institutional investors, including $200 million from Florida Retirement System Trust Fund and $100 million from Maryland State Retirement and Pension System.