BGO has held a final close for its third Europe Secured Lending Fund, with a total of €1.38 billion (€1.6 billion/$1.8 billion) in commitments from 40 global institutional investors. The fund surpassed its initial target of €1.35 billion ($1.5 billion).
This is BGO’s third fund for Europe Secured Lending and is a complement to the BGO UK Secured Lending strategy, which raised £1.43 billion (€1.7 billion/$1.8 billion) for its third fund and which also held its final close in 2023. Combined with BGO’s U.K.-specific debt-strategy fundraising, the firm has raised $3.3 billion more than the past three years. The close also adds to a decade of successful debt strategy closes for BGO (and its predecessor firms) across the globe, with more than $7 billion in funds raised over that timeframe.
“We believe that BGO’s Europe and U.K. Secured Lending strategies align to clear investor demand and the opportunity to take advantage of the continuing alternative credit
