News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Private Equity

Debt investor Alcentra closes €5.5bn direct lending fund

New fund brings assets under management for Alcentra’s European direct lending platform to over $10bn

Private debt firm Alcentra, a subsidiary of BNY Mellon Investment Management, has raised €5.5bn for its latest European direct lending fund.

The amount is nearly double its minimum target size of €3bn, reflecting strong demand from global investors, Alcentra said in an announcement.

WSJ Logo