Avenue Capital Raises Over $1 Billion for Europe Special Situations Fund V

Avenue Capital Group has announced the triumphant completion of fundraising for its Avenue Europe Special Situations Fund V, amassing over $1 billion in commitments. This substantial capital infusion stems from a diverse array of investors, including public and corporate pension plans, sovereign wealth funds, asset managers, and family offices.

The Avenue Europe Fund focuses on extending senior secured, asset-backed loans to underserved borrowers across Northern Europe, capitalizing on gaps left by traditional lenders retreating from certain market segments. Leveraging Avenue's robust origination platforms and extensive European presence, the Avenue Europe team identifies and capitalizes on recurring lending opportunities in less competitive market niches with formidable entry barriers. This strategic approach positions Avenue Capital Group as a leading player in Europe's alternative lending landscape, poised to drive

significant value for its investors.