Golub Capital raises $2bn for sixth credit opportunities fund
Golub Capital has raised $2bn (£1.6bn) for its sixth credit opportunities fund, dubbed GEMS Fund 6, beating its target.
The $65bn credit asset manager said that the fund is its largest credit opportunities fund to date, attracting commitments from a range of institutional and private wealth investors across North America, Europe, the Middle East and Asia.
“We have a proven track record in credit opportunities with five successful predecessor funds over the past 17 years,” said David Golub, president of Golub Capital.
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“We are deeply grateful to all of our existing and new investors, who have shown confidence in our ability to find attractive credit opportunities across market cycles.”
The Golub Capital Credit Opportunities team focuses on a series of credit and credit-related sub-strategies in areas including stressed middle market loans, credit fund secondaries, NAV loans, CLO liabilities, preferred stock and other liquidity solutions for sponsor-backed companies.
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