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White Oak Global Advisors Raises $2.1B For Its Direct Lending Strategy

by vcaonline.com posted 2months ago 61 views
SAN FRANCISCO, September 12, 2018-- White Oak Global Advisors, LLC (“White Oak”) is pleased to announce the close of the White Oak Yield Spectrum Fund (the “Fund”) to outside investors. The Fund and other associated vehicles raised concurrently approximately $2.1 billion of total commitments, exceeding the $1.75 billion fundraising target. White Oak’s previous flagship fund, the White Oak Summit Fund, closed with approximately $1.3 billion of commitments in March 2016. The capital for the White Oak Yield Spectrum Fund was raised from a diversified group of institutional investors worldwide.

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