Oversubscribed Fund will focus on first lien direct loans to lower-to-middle market and non-sponsor borrowers

Brigade Capital Management, LP (“Brigade”), a global asset management firm with a multi-asset class approach to investing across credit markets, today announced the close of the Brigade Private Credit Solutions Fund (the “Fund”), its first dedicated private credit fund.

The Fund raised over $1 billion of investable capital and was oversubscribed, with participation from a range of global institutional investors.

The Fund focuses on less efficient segments of the market that Brigade believes present compelling opportunities to generate attractive risk-adjusted returns, including lending to lower-to-middle market and non-sponsor borrowers, as well as pursuing select opportunistic investments. Brigade’s deep expertise, experience and relationships, driven by its 50 investment professionals, including the dedicated private credit team members, provide a broad, multi-channel origination platform and the ability to rigorously analyze potential investments from business, financial and documentation and structuring perspectives.

Donald E. Morgan III, CIO and Managing Partner of Brigade said: “The successful close of this Fund demonstrates the strong partnerships we have with our investors and the trust we have built over more than 19 years of investing across the spectrum of credit markets. We thank them for their continued support and look forward to continuing to utilize our disciplined and proven investment approach to deliver attractive risk-adjusted outcomes for our clients.”

“There is a clear complexity premium in the private credit market, particularly in the lower-to-middle market and non-sponsor channels that remain less competitive than larger transactions that potentially compete with the liquid market,” said Jenny Lee, Co-Head of Private Credit. “We are confident that by bringing Brigade’s extensive capabilities across the full spectrum of credit to bear we are well positioned to successfully capitalize on this opportunity on behalf of our investors.”

“We believe there is a distinct market opportunity for direct lenders who bring the sophistication and sector expertise of a scaled, multi-strategy credit platform to the markets we target,” said Jim Wolf, Co-Head of Private Credit. “As high-quality sponsor-backed and non-sponsor borrowers increasingly embrace the speed, certainty and flexibility of private credit solutions, we view our offering as especially well positioned to meet their evolving needs.”

As of January 31, 2026, the Fund has deployed approximately half of its investable capital across a diverse set of borrowers.

About Brigade Capital Management

Brigade Capital Management, LP (“Brigade”) is a global asset management firm founded in 2006 with approximately $31 billion in assets under management. Brigade invests in public and private credit instruments using a bottom-up investment philosophy across a variety of diversified funds. As an SEC registered investment advisor, Brigade is a leading independent alternative asset manager with a 50-person investment team. Founded by Donald E. Morgan III, CIO and Managing Partner, the firm is headquartered in New York with a global footprint that includes an office in London.

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