Abry Partners Closes Biggest Ever Credit Continuation Fund
- Coller Capital led funding for the $1.6 billion vehicle
- Abry fund has lent to more than 200 middle-market companies
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Abry Partners, a private equity firm focused on middle-market companies, closed a $1.6 billion continuation fund for one of its private credit vehicles in what it called the biggest such fund to date.
Coller Capital led the funding for the continuation vehicle, according to a statement on Thursday, which did not disclose other partners or details of its participation. The vehicle adds to the funding pool for Abry Advanced Securities Fund III, which opened in 2014 and provides first-lien syndicated loans to US companies.