Just Closed: Silver Point Capital raises $384m

Silver Point Capital has raised $384 million for its Silver Point Specialty Credit Fund, according to a SEC filing. The Greenwich-headquartered firm began fundraising in 2015 with a $500 million target.

Investors that committed to Silver Point Specialty Credit Fund include the Texas County and District Retirement System.

The fund will target subordinated/mezzanine debt opportunities in a diverse number of sectors in North America.