White Oak closes private credit fund at $2.3bn

White Oak Global Advisors raised roughly $2.3 billion for its latest private credit offering, including a distinct focus on asset-based lending.

White Oak Yield Spectrum Fund V and other associated vehicles had $1.3 billion of total committed capital with an additional $1 billion received for investments in specialty finance with an asset-based lending component.

White Oak Co-founder and CEO Andrew Hakkak (provided)

Campbell Lutyens & Co. Ltd acted as placement agent for the new fund.

The firm, which has invested more than $10 billion in direct lending opportunities . . .

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