FundFire: Family Offices Look for Stable Returns in Direct Lending (NXT Capital mentioned)

FundFire has reported on NXT Capital’s announcement that the middle market direct lending platform will form a strategic investment partnership with Cresset Capital.

“This week, Cresset Capital announced that it had formed a partnership between its private credit fund and NXT Capital, a middle-market direct lending platform which has closed more than $28.5 billion in financing commitments, according to a press release from the firm. At the same time, Cresset saw assets in the fund surpass $500 million.”

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