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DunPort Capital Management (“DunPort”) is pleased to announce the final close of its SME focused direct lending fund, Oak Corporate Credit DAC (“Oak”), at €335m following a €70m commitment from the European Investment Fund (“EIF”). Oak is also backed by a €95m commitment from the Ireland Strategic Investment Fund (“ISIF”) and supported by a number of other domestic and international institutional investors.
The EIF subscription marks the first diversified debt fund investment in Ireland by the specialist provider of risk finance. The agreement is backed by the Pan-European Guarantee Fund, as part of the European Union's €540 billion package to address the economic impact of COVID-19.
Since the launch of the Oak fund in July 2021, DunPort has deployed...
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