Integrated Asset Management Corporation’s private debt group has held a first close for its fourth fund on $307 million. The firm is targeting $400 million for the fund, which has already raised more than the $275 million. The fund IV will be managed by its subsidiary, Integrated Private Debt Corporation, and will invest in the investment-grade debt of Canadian mid-market companies and projects as part of management buyouts, refinancings, or growth financings. It will remain open for new commitments until October.
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