Ocean Avenue targets $750m for sixth independent sponsors fund
Fund VI’s target size marks a 25% increase from its predecessor, which closed in 2024 with $600m of capital.
Fund VI’s target size marks a 25% increase from its predecessor, which closed in 2024 with $600m of capital.
BELLINGS Intelligence Score: 30
Why it matters
Ocean Avenue's $750 million target for its sixth independent sponsors fund represents a notable increase and signals continued fundraising momentum in private credit, relevant to market participants tracking capital flows and fund strategies.
Sources
Buyouts
Ocean Avenue targets $750m for sixth independent sponsors fund
Fund VI’s target size marks a 25% increase from its predecessor, which closed in 2024 with $600m of capital.