LCM Partners, a leading private credit manager in Europe and part of Brookfield’s strategic credit partner network, has announced the first close of its flagship Credit Opportunities 5 strategy, known as COPS 5. The firm has secured €3.8 billion in commitments across both its commingled fund and single investor managed accounts. This marks a significant step toward its goal of raising €6 billion for the strategy.
The Credit Opportunities Strategy has established a strong reputation over time, consistently garnering support from investors across multiple fund cycles. This continued backing reflects the strategy’s resilience and effectiveness in navigating different market conditions. Brookfield has deepened its commitment to the strategy by contributing an additional €600 million, bringing its total investment in COPS to €1.2 billion.
LCM Partners continues to attract support from some of the world’s most prominent institutional investors. These include public and private pension funds, insurance companies, sovereign wealth funds, and endowments located across Europe, North America, and Asia. The firm’s ability to maintain these relationships speaks to the strength of its investment approach and long-term performance.
Based in London, LCM Partners operates as part of the LC Financial Holdings Group. The firm has a broad European presence, with nearly 2,000 professionals working across 25 offices in 11 countries. Its investment strategy focuses on acquiring detailed portfolios of consumer and small business loans throughout Europe. This granular approach allows LCM to manage risk effectively while identifying opportunities for value creation.
Since forming a strategic partnership with Brookfield in 2018, LCM has continued to grow its platform and expand its reach. The firm now manages over €120 billion in loan value and remains committed to delivering strong results for its investors through disciplined credit strategies and deep market expertise. With the first close of COPS 5 completed, LCM is well-positioned to continue building on its success and advancing toward its fundraising target.
KEY QUOTES:
“We are proud to have reached this important milestone for COPS 5 with the continued support of existing and new investors to form our world-class investor base. The trust and loyalty of our clients, together with an increased commitment from Brookfield, is a testament to the resilience and success of our strategy. As banks continue to retrench and regulation drives further loan sales, we believe the opportunity set for granular consumer and SME credit across Europe remains as compelling as ever.”
Paul Burdell, CEO of LCM Partners
“LCM’s successful first close for COPS 5 highlights the strength of their private credit origination platform and deep relationships with global investors. We have confidence in the LCM team and their predominantly asset-backed investment strategies.”
Craig Noble, CEO of Brookfield Credit
