EnTrust Global completed the fundraise for its long-anticipated EnTrust Global Blue Ocean Funds to the tune of $2.1 billion.
The fund close followed its initial raising of $925 million in April 2020 for the global maritime direct lending funds, which has been a rapidly growing business for the $18 billion firm that historically has offered funds of hedge funds.
The new private debt and real asset division welcomed Julian Proctor earlier this year to lead an effort to support environmentally advanced shipping vessels. The Blue Ocean Funds are active in direct lending and . . .
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