NXT Capital raises $1.8B so far for eighth credit fund

What's the deal? NXT CapitalDealroom has a profile for this one. Try Dealroom → has raised $1.8 billion so far for its eighth credit fund, according to a report from The Wall Street Journal. The figure represents the fund's progress to date, not a final close.

The signal: The raise points to continued investor appetite for private credit, a market that has expanded as direct lenders take on more of the financing once handled by banks.

Read more: The Wall Street Journal

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