Anchorage Capital Advisors, L.P. Raises $1.5 Billion for Credit Opportunities
PE FORUM > Blog > Fundraising News > Anchorage Capital Advisors, L.P. Raises $1.5 Billion for Credit Opportunities
– Anchorage Capital Advisors, L.P. (“Anchorage”) is a $26.1 billion investment firm focused on global credit markets.
– Anchorage announced the final close of Anchorage Credit Opportunities Fund IX (“ACO IX”) with $1.5 billion in commitments, surpassing its $1.25 billion hard cap.
– Over 70% of capital commitments came from Limited Partners in prior fund vintages.
– Investment strategy targets stressed and distressed credit, special situations, structured credit, and other assets across U.S. and European markets.
– Focus on issuers with smaller capital structures and complex situations.
– Thibault Gournay highlighted attractive opportunities from elevated rates, policy uncertainty, and geopolitical conflict.
– Yale Baron emphasized investor trust, Anchorage’s 20+ years of experience, and its nimble, versatile investment platform.
– Since 2022, Anchorage has raised more than $4.5 billion in drawdown fund commitments across CLOs, drawdown funds, co-investments, and evergreen funds.
– Anchorage announced the final close of Anchorage Credit Opportunities Fund IX (“ACO IX”) with $1.5 billion in commitments, surpassing its $1.25 billion hard cap.
– Over 70% of capital commitments came from Limited Partners in prior fund vintages.
– ACO IX is co-managed by Thibault Gournay and James Frost.
– Investment strategy targets stressed and distressed credit, special situations, structured credit, and other assets across U.S. and European markets.
– Focus on issuers with smaller capital structures and complex situations.
– Thibault Gournay highlighted attractive opportunities from elevated rates, policy uncertainty, and geopolitical conflict.
– Yale Baron emphasized investor trust, Anchorage’s 20+ years of experience, and its nimble, versatile investment platform.
– Since 2022, Anchorage has raised more than $4.5 billion in drawdown fund commitments across CLOs, drawdown funds, co-investments, and evergreen funds.