Beach Point Capital Raises Over $1.25 Billion for Private Credit Strategies

Whats Happening:

Beach Point Capital Management has successfully closed over $1.25 billion in capital commitments across two funds. The BPC Opportunities Fund V raised over $750 million for middle market credit opportunities, while the inaugural BPC Real Estate Debt Fund raised $545 million for real estate credit opportunities. These funds attracted a diverse range of global institutional investors and will pursue flexible investment strategies in their respective markets.

Key Moves:

• Beach Point raises over $750 million for BPC Opportunities Fund V

• Inaugural BPC Real Estate Debt Fund raises $545 million

• Funds target middle market credit and real estate debt opportunities

By The Numbers:

• Over $1.25 billion raised across two funds

• BPC Opportunities Fund V is 50% deployed

• BPRED is 56% deployed

Key Quotes:

• "These fund closings demonstrate Beach Point's continued momentum across private markets and the attractiveness of our agile, value-oriented and creative approach," said Michael Haynes, Head of Private Credit at Beach Point.

• "We are excited to be investing from our debut fund under what we believe are especially attractive circumstances," commented Andrew Chen, Beach Point's Head of Real Estate Investments.

Bottom Line:

Beach Point Capital Management's successful fundraising of over $1.25 billion across two funds demonstrates strong investor confidence in their private credit strategies. With a focus on middle market opportunities and real estate debt, these funds are well-positioned to capitalize on current market conditions and deliver attractive returns for their diverse global investor base.

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