Apogem Raises $385M for Senior Direct Lending Fund
The pooled investment vehicle's Form D shows continued demand for private credit.
Apogem Senior Direct Lending Fund LP has sold $385 million to date, according to a Form D filed with the SEC on Aug. 14. The pooled investment fund is classified as an 'other investment fund' and reported a first sale date of July 31. The filing lists the fund's GP, Apogem Senior Direct Lending Fund GP, LLC, along with John Grady, Robert Douglass, and Ashish Shah.
Why it matters
The $385 million raise adds to the steady stream of capital flowing into senior direct lending strategies, as allocators continue seeking yield in private credit. With the total offering amount undisclosed, the fund may still be open to further commitments, though that remains unconfirmed.
Sources & further reading
SEC EDGARIn this storyApogem Senior Direct Lending Fund LPRobert DouglassJohn GradyAshish ShahApogem Senior Direct Lending Fund GP, LLC
More from PWD
FeaturesBlackstone sells BREIT's easiest exit to fund its longest bet
Selling self-storage to build data centers, BREIT trades cash-out speed for a wait on AI returns while redemption queues lengthen.
Elsewhere in the networkAll titles →
Private Infrastructure Daily
AustriaEnergy seeks Chile permit for $150 million wind-plus-storage project
Private Real Estate Daily