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AlbaCore closes third credit fund

AlbaCore Capital Group has announced a final close of €2.2bn for AlbaCore Partners III.

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Fund Name: AlbaCore Partners III
Amount raised: €2.2 billion
Stage of fundraising: Final close
Predecessor fund: AlbaCore Partners II

AlbaCore Capital Group has held a final close of €2.2 billion for AlbaCore Partners III, according to their recent press release.

The London-based asset manager launched its third flagship credit fund in 2021, with a target size of €2 billion. The fund’s predecessor, AlbaCore Partners II held a final close in 2019, with €1.5 billion in capital raised.

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