Francisco Partners raises over $2bn for second credit fund

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 . . .

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