Guggenheim seeking $1.5b for private credit fund

Guggenheim Investments is reportedly seeking to raise at least $1.5 billion for its new private credit fund. This move aligns with the trend of alternative asset managers raising private credit funds to provide lending to borrowers who were previously served by banks. In the second quarter of this year, 34 private credit funds globally raised a total of $71.2 billion, according to data from Preqin.

https://www.guggenheiminvestments.com/