Dislocation Funds

New York credit firm Diameter Capital Partners closed its latest dislocation strategy fund at its hard cap of $2.2 billion. The closed-end drawdown fund, Diameter Dislocation Fund II, collected over half of its commitments from new investors. The global strategy ...

Angelo Gordon held the final close for its second public market dislocation fund and expanded its distressed and corporate special situations platform by $1.3 billion.

The $38 billion New Mexico State Investment Council approved $560 million in private equity, real return, real estate and credit investments.

Blackstone experienced losses across its private equity and credit portfolios last quarter, according to the $941 billion firm’s latest earnings statement. Officials at the alternative asset giant said that its $276 billion private equity portfolio had losses of 6.7% in ...

Angelo Gordon raised its second credit solutions offering in just over seven months with $3.1 billion in equity commitments. AG Credit Solutions Fund II is a closed-end fund that is the latest in a series of investment vehicles that have ...

Taconic Capital Advisors closed its third real estate fund at $500 million with a focus on distressed and opportunistic investments. Taconic CRE Dislocation Onshore Fund III is one year into its investment period and has already committed or closed on ...

Strategic Value Partners closed its Strategic Value Special Situations Fund V (SVSS V) at its hard cap of $5 billion. Investors in the latest fund include New Mexico State Investment Council and School Employees Retirement System of Ohio. The fund ...

The $36 billion Texas County and District Retirement System (TCDRS) in Austin added another nine funds over the past month across its private credit, private equity and real estate portfolios. The total amount committed to the latest grouping of alternative ...

J.P. Morgan Asset Management’s Highbridge Capital Management announced its closing of the Highbridge Convertible Dislocation Fund with more than $2 billion in assets. The asset amount includes approximately $685 million in equity commitments. The fund was raised in response to ...

The final close of The VӓrdeDislocation Fund exceeded expectations, bringing the total capital targeting dislocation opportunities at Vӓrde Partners to $2.6 billion, the firm announced today. The Vӓrde Dislocation Fund raised more than $1.6 billion of commitments and exceeded its ...