Golub Capital, a direct lender and credit asset manager, has closed its sixth credit opportunities fund, GEMS Fund 6 LP, with $2 billion of investable capital.
Fund 6 is the largest Golub Capital credit opportunities fund to date. Commitments were in excess of the fund’s target. The team focuses on credit and credit-related sub-strategies in areas related to the firm’s direct lending franchise, including stressed middle-market loans, credit fund secondaries, NAV loans, CLO liabilities, preferred stock and other liquidity services for sponsor-backed companies.