Deals
BC Partners Set to Raise $1.4 Billion for Private Credit Fund
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The private credit arm of buyout firm BC Partners is set to raise about $1.4 billion for its third special opportunities fund, according to people familiar with the matter.
The BC Partners Credit fund, known as SOF III, is likely to exceed its fundraising target and could be about 20% larger than the predecessor vehicle, the people said, asking not to be identified discussing confidential information. It would be BC Partners’ largest special opportunities fund to date.