Bregal Sagemount, a leading growth-focused private capital firm, announced the final close of its Credit Solutions Fund, garnering nearly $800 million in equity capital commitments. The Fund is segmented into an opportunistic credit series and a direct lending series and has completed five transactions to date. The investment strategy mirrors Sagemount’s historical approach, offering flexible, solution-oriented capital to high-growth businesses with recurring revenues. The Fund aims to provide non-dilutive capital and focuses on senior secured and bespoke subordinated instruments. The investor base includes prominent pension funds with long-term commitments to private credit. Legal advisor Goodwin supported the fund closure.
Private Equity, Financial Services, Credit and Lending,United States
https://www.sagemount.com/news/2024/september/bregal-sagemount-announces-final-close-for-credi/