Arcmont Targets Over €12 Billion for Latest Direct Lending Fund

  • Leading direct-lending firms raise increasingly larger funds
  • Arcmont has raised over €29 billion since its founding in 2011
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Arcmont Asset Management is planning to raise over €12 billion ($13 billion) for a new European direct-lending fund, people with knowledge of the matter said.

It’s the fifth fund from London-based Arcmont’s flagship strategy — which looks to back European buyouts with private loans — after the firm raised €10 billion for the previous vintage at the start of this year.