Northleaf raises $800 mln more for global private credit program
Northleaf Capital Partners has raised an additional $800 million for its global private credit investment program, increasing managed commitments to more than $2.2 billion. The program, led by Managing Director and Head of Private Credit David Ross, includes first lien, unitranche and second lien loans to a portfolio of mid-market companies in North America and Europe.The new commitments include an initial $500 million-plus raised for a recently launched evergreen private credit fund. Northleaf Senior Private Credit, focused on building a portfolio of senior secured loans, will complement the closed-end program. Toronto-based Northleaf currently oversees more than $12 billion in private equity, private credit and infrastructure commitments.
