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Alternative Market Briefing

Steadfast Capital teams with Alcentra to launch global credit fund
Wednesday, June 07, 2017

Bailey McCann, Opalesque New York:

Steadfast Capital Markets Group and Alcentra, a BNY Mellon investment boutique, have launched the Steadfast Alcentra Global Credit Fund, an unlisted closed-end fund that seeks to capitalize on the growing opportunity to provide direct lending to middle-market companies in the United States and Western Europe.

Alcentra will act as the sub-adviser for the fund, sourcing and actively managing the funds direct lending investments.

"Financial regulations introduced in the United States and Europe in recent years have resulted in constrained traditional bank lending to middle-market companies, providing a grow......................

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