Golub Capital has held the final close of its sixth credit opportunities fund, GEMS Fund 6, with $2bn of investable capital – in excess of its target – making it the largest Golub Capital Credit Opportunities fund to date.
The fund attracted support from global institutional and private wealth investors across North America, Europe, the Middle East and Asia.
Ina press statement, David Golub, President of Golub Capital, said: “We have a proven track record in credit opportunities with five successful predecessor funds over the past 17 years. We are deeply grateful to all of our existing and new investors, who have shown confidence in our ability to find attractive credit opportunities across market cycles.”
Golub Capital’s credit opportunities team focuses on credit and credit-related sub-strategies in areas related to the firm’s direct lending franchise, including stressed middle market loans, credit fund secondaries, NAV loans, CLO liabilities, preferred stock and other liquidity solutions for sponsor-backed companies.