Global private investment firm Sixth Street has held the final close of Sixth Street Specialty Lending Europe III (SLE III), at its hard cap with €3.75bn in total equity commitments, marking the firm’s largest European-focused investment vehicle.
The total investable capital for SLE III is expected to be approximately €7 billion, including anticipated leverage
Since 2015, the Sixth Street European Direct Lending platform has completed more than 75 transactions throughout the UK and Europe, providing capital solutions ranging from €30m to over €2bn. These solutions support both founder-owned and sponsor-backed businesses across software, healthcare, consumer, industrials, business services and many other industries.
Sixth Street European Direct Lending is part of the firm’s Global Direct Lending platform and benefits from the full breadth, scale and cross-platform teamwork of Sixth Street and its more than $125bn in global assets under management. Based in the firm’s London office, the European Direct Lending team works closely with the firm’s Europe-focused investment professionals in growth equity, real estate, asset based finance and financial services. The Direct Lending platform is also supported by Sixth Street’s affiliated highly flexible global investment strategies, including the $30bn Sixth Street TAO platform.
