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Alcentra raises €5.5bn for European Direct Lending Strategy

Samantha Birchall 22 July 2019

Alcentra, the asset management branch of BNY Mellon, has raised €5.5bn for its latest European Direct Lending Strategy, almost doubling its target size of $3bn. 

It brings total assets under management for Alcentra’s European direct lending platform to over $10bn (€8.9bn). 

The...

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