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Alternative Assets  + Private Debt  | 
Golub Capital Raises $2B for Credit Ops Fund

Golub Capital Raises $2B for Credit Ops Fund

Golub Capital has raised its biggest credit opportunities fund yet by picking up $2 billion of investable capital for its oversubscribed sixth credit opportunities fund, GEMS Fund 6, L.P., as the firm continues to build out its global presence.

The fund will focus on credit and credit-related sub-strategies in areas related to the Firm’s market-leading direct lending franchise, including stressed middle market loans, credit fund secondaries, NAV loans, CLO liabilities, preferred stock and other liquidity solutions for sponsor-backed companies.

“We have a proven track record in Credit Opportunities with five successful predecessor funds over the past 17 years,” said David Golub, president of Golub Capital. “We are deeply grateful to all of our existing and new investors, who have shown confidence in our ability to find attractive credit opportunities across market cycles.”

As of the beginning of the year, NY-based Golub Capital had over $65 billion of capital under management.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.