The upcoming fund is likely to exceed its original fundraising target and come in around 20% larger than its predecessor. SOF III forms part of BC Partners' broader private credit strategy, which focuses on asset-backed lending, liquidity support, and flexible capital solutions for entrepreneurs and businesses across North America. Recent investments under this strategy include a $400m capital injection into football helmet maker Riddell and an equity stake in GSE Worldwide, a sports talent and marketing agency. BC Partners has also entered a strategic financing alliance with investment bank Piper Sandler to support banks and specialty finance companies. While fundraising for private credit strategies has remained more robust than for traditional buyout funds, the market is becoming more competitive. Institutional investors are showing signs of allocation fatigue, and the growing number of private credit players has intensified the battle for capital. In parallel, BC Partners is...
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