CVC Credit Partners said it secured $657 million in commitments to its second U.S.-focused direct lending fund, CVC Credit Partners U.S. Direct Lending Fund II.
The new fund will follow the same strategy as its predecessor fund in investing in established U.S. middle market businesses. Fund II surpassed its $500 million target and is also larger than the prior lending fund boasting a diverse investor base of institutional capital – including pension funds, insurance companies, asset managers and private wealth, spread across North America, Europe, Asia and Australia.
“We are very pleased . . .
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