SSG Capital Management has raised $1.7 billion to date for its SSG Capital Partner IV, surpassing its original target of $1.25 billion.
The fund’s predecessor closed at $915 million in 2014.
The fund will target distressed debt in a diverse number of sectors in Asia-Pacific.
The firm also raised $800 million to date for its SSG Secured Lending Opportunities II. The fund will target senior debt in a diverse number of sectors in Asia-Pacific.