Centerbridge Partners LP has so far raised $2.2 billion for its second fund, according to a regulatory filing Thursday.
The New York-based shop is seeking to raise $3.75 billion for the fund, Centerbridge Capital Partners II LP, according to a previous report in sister publication Buyouts . The fund strategy is a hybrid of buyout and distressed-for-influence-or-control investments.
The fund has been among the most popular in recent months, garnering commitments from at least 53 investors, according to Buyouts, including the Nashville and Davidson County Metropolitan Government Employee Benefit Trust Fund, which committed $30 million. Subscribers can see the full report here.
An executive at the firm did not return a call seeking comment.