Freeport Financial closes $1.5 billion direct lending fund

By McCord Pagan (April 1, 2022, 8:45 p.m. EDT) — Freeport Financial Partners LLC said Friday it has closed its fifth direct lending fund after raising $1.5 billion to invest in market business loans lower middleman with investors such as pension plans, insurance companies and endowments in North America, Europe and Asia.

Freeport said in a statement that its oversubscribed Freeport First Lien Loan Fund V exceeded its original target of $250 million and raised $900 million in equity commitments and $600 million in targeted leverage. The fund said it deployed 35% of its capital in sectors including business services, industrial components and healthcare.

“We are satisfied with…

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of lawsuits, etc.)
  • Access to attached documents such as briefs, motions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and more!


Previous Guaranteed rate companies top the Scotsman Guide rankings for the tenth consecutive year
Next Jacqueline Fernandez shows off her expensive diamonds; Netizens Troll, "Iska Hero Toh Money Laundering Ke Case Me…"