Golub Capital expanded its European direct lending platform offering, by relocating to new premises at 10 Portman Square, London. The move marks a significant milestone for the US-based private credit manager, which has operated in the region for five years.
The firm revealed it secured more than $2.5bn (£1.9bn) in new commitments year-to-date in 2024 – a record for its European strategy.
Golub Capital has continued to scale its presence across core verticals, including software, financial services, and business services, while broadening its lending footprint to encompass the DACH region, France, Benelux and the Nordics.
Golub Capital’s London-based direct lending team now comprises 12 professionals. The firm manages over $75bn in capital and has committed more than $7.9bn across more than 70 transactions in Europe since 2020.
“Golub Capital was designed to be best in sponsor finance,” said David Golub, President of Golub Capital. “Central to our vision is building a compelling value proposition for all our partners, marked by a strong set of competitive advantages. We are excited to continue to build our partnerships and our competitive advantages in Europe.”
Market speculation around Golub’s strategic trajectory intensified in April, when the Financial Times reported that CVC Capital Partners was evaluating a potential bid for the firm to bolster its US exposure. However, the report noted that talks remain exploratory, and Golub Capital is not currently pursuing a sale.
