Jefferies Credit Partners targets $4 billion capacity for European direct lending strategy
JEF•Fund structure and focus
The perpetual fund structure targets sponsor-backed senior secured private credit across Europe and the UK, focused on mid-market borrowers.
European direct lending strategy launch
Jefferies Credit Partners launched an inaugural European Direct Lending Fund, targeting about $4 billion of near-term lending capacity.
Allianz Global Investors anchored the first close, with South Carolina Retirement System Investment Commission also participating.
The strategy adds European scale to Jefferies Financial Group’s private credit platform, with deployment underway since a late-2024 launch.
Further partnership accounts still in documentation
Two partnership accounts remain in documentation, with closings expected later in 2026.
