Black Diamond Capital Fund IV raises $1.5 bln

Black Diamond Capital Management LLC said Wednesday that its latest fund has closed at its $1.5 billion hard cap. BDCM Opportunity Fund IV, L.P. will seek to buy middle-market U.S. and European based companies, typically through a restructuring or reorganization process. Credit Suisse Securities acted as placement agent. Greenwich, Conn.-based Black Diamond is a credit focused alternative asset management firm.

8 October 2015•2 mins read
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