Sydney-headquartered FC Capital is looking to raise as much as A$500 million $331 million for its debut credit fund, with a focus on mid-market lending opportunities in Australia and New Zealand.
The fund will target a first close of A$300 million, with the possibility to expand to $500 million if its fundraising efforts are successful, Christian Brehm, chief executive officer, told FinanceAsia in an exclusive interview.
The firm is marketing the fund to institutional investors across the US and Europe, where it feels it can secure larger commitments, compared to Australian investors.
Brehm noted that the fund is not looking to attract a...