Pierfront Capital Reaches USD450m Final Close for Second Private Credit Fund

Source(s): Pierfront Capital

Pierfront Capital reached a USD450m final close for its second private credit fund, with an additional USD250m in co-investment commitments. Investors include Alberta Investment Management Corporation, AIIB, GCM Grosvenor, Manulife and Affin Hwang Asset Management. The fund will provide loans to Asia Pacific-based companies operating real assets in sectors including renewable energy, transportation, telecoms, logistics and social infrastructure. Read more