Blue Torch, a NY based private credit manager surpassed the $2B fundraising target with the closing of Blue Torch Credit Opportunities Fund III, raising $2.3 billion.

Similar to the other vintages, the fund will focus on bespoke credit solutions for middle market firms across various industries.

Blue Torch was founded in 2017 by Kevin Genda, and so far the platform deployed $8.2 billion across 127 portfolio companies.

Kevin prior to founding Blue Torch spent 21 years at Cerberus, as SMD and Chairman of Cerberus Business Finance.
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