Jefferies Credit Partners (NYSE:JEF), a leading private credit manager and the asset management division of Jefferies Finance LLC announced approximately $4 billion lending capacity for its European institutional direct lending strategy.
The flagship fund related to this strategy is anchored by commitments from Allianz Global Investors, with investments from South Carolina Retirement System Investment Commission and other institutional investors, and is significantly seeded at close through the acquisition of a diversified, recently originated portfolio of European private credit investments.
The fund close accelerates the growth of JCP’s European direct lending platform, which launched in late 2024 and has been actively deploying balance sheet capital since inception.
“JCP’s expansion into Europe is a natural extension of our established direct lending platform,” said President Tom Brady. “With an experienced investment team and an embedded footprint through Jefferies’ EMEA Investment Banking franchise, we are positioned to source high-quality opportunities and replicate the success of our U.S. strategy.”
Additionally, JCP is in documentation with two partnership accounts expected to close later in 2026. Including the fund close, partnership accounts in progress, and access to balance sheet capital, JCP estimates close to $4 billion of lending capacity will be available for the Europe strategy in the near term.
JEF shares fell 99 cents, or 1.8%, to $54.74.
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