Balbec launches fourth credit fund

New York-based Balbec Capital announced its fourth global credit fund’s successful final close, which exceeded its fundraising target, as has been the case with a number of other private credit funds this year.

InSolve Global Credit Fund IV closed with total commitments of approximately $1.2 billion, making it Balbec’s largest fund to date. The firm received backing from its current clients as well from a number of new global institutional investors.

The fund will seek to identify and capitalize on investment opportunities with a focus on a subset of non-performing . . .

Continue Reading With a Free Trial

Unlock this article instantly, along with the rest of our premium content, newsletters and mandate charts.

Already a subscriber? Log in.