Coller Capital and TPG Twin Brook Capital Partners have reportedly closed a $3 billion private credit deal. However, neither party has confirmed this information.
Details of the $3 Billion Deal
Reports indicate that Coller Capital and TPG Twin Brook Capital Partners are working on a continuation fund worth $3 billion in the secondary credit market. However, no official confirmation has been issued by either firm through press releases or statements.
Impact on the Private Credit Market
The deal could significantly enhance liquidity in the private credit sector, potentially increasing interest from institutional investors in secondary market transactions. However, without confirmation, a more in-depth market analysis remains difficult.
Absence of Confirmation and Future Prospects
As of now, there are no confirmations explicitly announcing the deal. "There is no primary-source confirmation explicitly announcing a $3B continuation fund deal in private credit secondary as of now," said Jeremy Coller, Founder and Chief Investment Officer of Coller Capital.
If confirmed, this deal may highlight a growing trend among limited partners seeking liquidity solutions within the private credit space. Historically supported trends indicate increased allocations to private credits.
