Jefferies: Inside The New $2.1 Billion Private Credit Fund

Jefferies Financial Group Inc. has raised more than $2.1 billion for its latest private credit fund, named Jefferies Direct Lending Fund II.

The fund will focus on providing senior secured loans to middle- and upper middle-market companies. It has already allocated over half of its investor commitments, with investments ranging from $200 million to $400 million.

Jefferies Direct Lending Fund II will exclusively seek lending opportunities from within its’ investment bank.