Northleaf Closes $1B Private Credit Fund

By: The Private Markets Forum Published on: 03/07/2025

Northleaf Capital Partners raises $1B for its third private credit fund, pushing its AUM past $6.5B. This growth highlights rising demand for mid-market private lending, fueling PE-backed deals and asset-based finance. With 40% deployed, private credit’s expansion shows no signs of slowing.