Neuberger Berman, a private, independent, employee-owned investment manager, has held the final close of NB Specialty Finance Fund III, at over $1.6bn in total capital commitments, exceeding its original $1bn target.

Tikehau Capital has successfully raised a record €1.2bn for the third generation of its special opportunities strategy, exceeding its initial target of €1bn and nearly doubling the size of the previous vintage, which closed at €617m.

Antares Capital, an alternative credit manager with approximately $80bn in capital, has launched the Antares Private Credit Fund (ABDC), a public, non-traded business development company (BDC), with more than $1.4bn in investable capital.

Invesco Private Credit, the global private credit arm of Invesco Ltd, has held the final closing of its flagship Invesco Direct Lending Fund II and related vehicles, with a total of $1.4bn in committed investable capital.

India’s National Investment & Infrastructure Fund, a quasi-sovereign fund backed by the Indian government and global investors including the Abu Dhabi Investment Authority, is gearing up to raise as much as $2bn for its latest private credit fund, according to a report by Bloomberg.

Oaktree Capital Management (Oaktree), an alternative investment firm with $202bn in AUM, has held the final close of Oaktree Opportunities Fund XII (Opps XII) with approximately $16bn in capital commitments, including co-investment and affiliated vehicles.

o15 Capital Partners, an alternative investment firm dedicated to providing growth capital to undercapitalised companies and communities, has held the final close of its inaugural fund at approximately $370m.