Lakemore Partners raise $560mln for Aquatine V

Lakemore Partners raise $560mln for Aquatine V

London/Dubai/Phoenix/Zurich: Global Investment firm, Lakemore Partners Ltd. (“Lakemore”), a leading private credit investment firm primarily investing in supermajority control collateralized loan obligation (CLO) equity, announced the final close of its Aquatine V Fund at US$560 million. The Aquatine V raise exceeds the US$400 million Aquatine IV Fund by 40%. The fund attracted strong, global institutional investor demand from both new and repeat investors in the MENA region and across the US, representing a diverse range of private banks, fund of funds, insurance companies, family offices and high net worth individuals.

Commenting on Lakemore’s raise, Ahmed Farid, Chairman & CEO of Lakemore, said: "Our Aquatine V fundraising success reaffirms the trust investors place in our strategy and team, and solidifies our status as a leader in supermajority CLO equity investments. This accomplishment reflects the strength and appeal of our investment approach, the solid track records of our Aquatine funds and our commitment to delivering high risk-adjusted returns across various market cycles.”

Aquatine V is Lakemore’s fifth Aquatine platform fund which invests in supermajority control equity positions of US CLOs. At full deployment, the fund expects to have approximately 15 supermajority CLO equity positions.

The Fund has capitalized on investment opportunities provided by market volatility