fundraising

The alternative asset management behemoth has exceeded its fundraising goal by almost $450m.

The predecessor fund invested in both senior and junior debt with a focus on North America.

The credit investing behemoth ceased providing investment advice to the FS BDCs earlier this month, but the firm believes it will replace that capital within the next few years.

The London-based manager has a stated goal of €4bn, the largest fund in its series to date.

The French asset manager aims to tackle larger loans and buyout opportunities with its first debt fund launch of the year.

The fund will focus on making debt investments that provide environmental or social benefits.

The appetite for both strategies seen in 2017 continued into Q1 2018, according to our latest data. Most ongoing capital-raising is for junior debt, however.

The specialist lender is targeting double-digit returns in the UK bridge finance market.

Among the investors in the vehicle are a Texas pension fund and a life insurance business.

The alternative credit behemoth is coming off a monster fundraise for its third rescue lending fund that locked down $7bn.