BC Partners Credit, the credit arm of BC Partners, a leading alternative asset management firm, announced today the final closing of Special Opportunities Fund II (“SOF II” or “the Fund”). The Fund was oversubscribed at $1.2 billion relative to its $750 million target.
BC Partners secured broad support from a diverse group of global investors and SOF II benefitted from strong demand from both existing and new LPs, with 100% of institutional investors in SOF II’s predecessor fund renewing their commitment.
“We are deeply appreciative of the support from our investors in Special Opportunities Fund II,” said Ted Goldthorpe, Head of BC Partners Credit. “The breadth of our mandate, the differentiated sourcing channels and our focus to provide not only capital, but also deep industry expertise to management teams we partner with, put us in an advantageous position to deploy capital in investments with attractive risk-adjusted returns.”
Read more/Source: PRNewsWire
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.