Diameter Dislocation Fund News Today

Diameter Capital Partners announced the final close of Diameter Dislocation Fund II (DDF II) at the hard cap with $2.2 billion of capital commitments.

PE firms are preaching patience and not overpaying for assets, while looking to raise dislocation funds.

The fund will invest across sectors and focus on dislocated performing credit, stressed and distressed investments emerging from either micro-cyclical dislocations or macro challenges.

Rapid growth in the world of private credit has helped firms in the space muscle into bigger deals to compete with Wall Street banks.