CBF closes third mid-market direct lending fund at $2.05 bln

Cerberus Business Finance, a Cerberus Capital Management affiliate, has closed its third middle-market direct lending fund at $2.05 billion, beating its $2 billion target. CBF's Loan Opportunities Fund III's investors include government and corporate pensions, endowments, insurance companies, family offices, foundations, nonprofit organizations, fund of funds, and high-net worth individuals.

2 March 2017•2 mins read
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