LCM Partners has held the final close of the Credit Opportunities 4 Strategy, with total capital commitments of €4.1 billion across the commingled fund together with several separately managed accounts.
LCM Partners (LCM) has held the final close of the Credit Opportunities 4 Strategy, with total capital commitments of €4.1 billion across the commingled fund together with several separately managed accounts.
LCM says that commitments have been received from 23 limited partners with support from many of the largest institutional investors globally including pension plans, sovereign wealth funds and insurance companies from North America, Europe and Asia.
Established in 1998, LCM now employs over 1,100 people in 14 offices across nine European countries, and is responsible for c€60 billion of loan value. Credit Opportunities acquires granular pools of performing, re-performing and non-performing loans from banks and other financial institutions.
