RoundShield, a private investment firm focused on European asset-backed private credit opportunities and capital solutions, has closed its RS Fund V with more than $1 billion of investor commitments.
The fund attracted commitments from existing investors in RoundShield’s earlier vintage funds, as well as from 10 new investors, including a diversified mix of leading public and private pension funds, endowments and foundations, insurance companies, and large family offices globally. RoundShield said more than 80 percent of the investors in Fund V had invested in a previous RoundShield fund.
This is the largest fund in RoundShield’s 11-year history and is nearly $150 million above its fundraising target.
Fund V is an Article 8 fund under the European Union’s SFDR. The investment vehicle will be deployed in asset-backed private credit investments with a primary focus on real assets sectors, such as hospitality, student housing, residential, social infrastructu