Alcentra raises €690 million for closed-end credit fund

BNY Mellon subsidiary Alcentra has closed its Clareant Strategic Credit Fund with sales of €690 million. The vehicle, which originally had a target size of €500 million, is dedicated to opportunistic investing in the loans, bonds and structured credit of European companies

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TAGS: Fundraising Alcentra Europe Structured credit Leveraged loans High yield bonds