Francisco Partners closed its second opportunistic credit fund with a fundraise totaling $2.2 billion, exceeding its original target by more than $1 billion.
FP Credit Partners II is focused on flexible credit and structured solutions across the technology ecosystem, officials said. The offering is set to invest in a wide array of situations ranging from supporting growth initiatives and traditional M&A activity to assisting with business model transitions and solving short-term liquidity needs.
According to Scott Eisenberg, Francisco Partners’ head of credit and structured solutions, the firm is seeing greater demand . . .
Not a subscriber yet? Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
Required for access to AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators