New York, June 5, 2024–(BUSINESS WIRE)–Guggenheim Investments today announced the closing of a $1.2 billion investment vehicle to support the growth of its private credit strategy. The $1.2 billion of the investment vehicle reflects roughly equal amounts of equity commitments and financing.
The transaction was led by Apollo S3. Pantheon co-led the transaction, with significant investments from Coller Capital, Antares Capital, GCM Grosvenor, Atalaya Capital Management and funds managed by Hamilton Lane.
“We believe this transaction demonstrates Guggenheim’s dedication and ability to provide innovative and unique services that are customized specifically to our clients’ needs and objectives,” said Dina DiLorenzo, president of Guggenheim Investments. “We look forward to continuing to offer our clients compelling strategies and world-class products focused on performance objectives in private credit and beyond.”
“We are pleased to announce this oversubscribed transaction that expands investor access to Guggenheim’s differentiated private credit platform,” said Kevin Gundersen, head of Guggenheim Corporate Funding LLC, the private credit investment manager for Guggenheim Investments. “We believe this transaction is a testament to our deep origination pipeline and robust underwriting infrastructure, and we look forward to the continued growth of our franchise.”
Guggenheim Securities, LLC acted as exclusive sales agent to Guggenheim Corporate Funding, LLC. Latham & Watkins LLP acted as legal advisor to the transaction. Clifford Chance LLP acted as legal advisor to Apollo S3 and Hogan Lovells US LLP acted as legal advisor to Pantheon.
About Guggenheim Investments
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, a global investment advisory firm with more than $320 billion in assets under management and oversight.*
Guggenheim Investments has more than $234 billion in total assets across fixed income, equity and alternative strategies.**
Guggenheim Investments is focused on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments, foundations, asset managers and high-net-worth investors, and has a proven track record of achieving results through innovative solutions. For more information, please visit https://www.guggenheiminvestments.com.
*Assets are as of March 31, 2024 and include consulting services to clients with approximately $92 billion in assets.
**As of March 31, 2024
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contact address
Guggenheim Investments
Gerald Carney
gerard.carney@guggenheimpartners.com
917-703-6368
