Invesco Private Credit, a market-leading global private credit platform of Invesco, closed its flagship Invesco Direct Lending Fund II, which, along with similar vehicles, total $1.4 billion of investable capital.
“Our dedicated direct lending team is part of the $48 billion Invesco Private Credit platform with deep resources and expertise built over its 36-year history,” Scott Baskind, chief information officer and global head of Invesco Private Credit, said. “The direct lending team’s capabilities and experience have made the group a trusted partner in the core middle market with leading private equity sponsors seeking flexible financing and investors seeking compelling sources of risk-adjusted returns.”
“We are grateful to our investors for their support and partnership as we continue to capitalize on the attractive opportunities in this growing asset class,” Ron Kantowitz, managing director and head of direct lending at Invesco, said. “We continue to see significant market and economic tailwinds which, combined with record sums of capital raised in the private equity sector, should drive robust M&A activity and create the opportunity to deploy capital in high quality companies.”
