News Briefs

Centerbridge Partners targets $5 bln for fourth credit fund

Centerbridge Partners LP is seeking to raise up to $5 billion for its fourth private credit fund, reported Reuters.

-

Centerbridge Partners LP is seeking to raise up to $5 billion for its fourth private credit fund, reported Reuters. The fundraising began in January and will seek to “snap up corporate debt that is trading at a discount to its face value.”

Source: Reuters