LCM Partners Achieves First Close of Credit Opportunities 5 Fund with €3.8 Billion Commitment

LCM Partners Celebrates First Close of Credit Opportunities 5 Fund

On September 16, 2025, LCM Partners, a leading private credit manager in Europe and part of Brookfield's strategic credit partners, announced a significant milestone: the first close of their Credit Opportunities 5 strategy (COPS 5), accumulating €3.8 billion in commitments. This achievement marks a crucial step toward reaching their projected target of €6 billion for COPS 5.

Support from Investors

The Credit Opportunities strategy has repeatedly earned the trust of its investors, showcasing overwhelming support since its inception. The continuity of this program emphasizes its durability amid various market cycles. Notably, Brookfield further committed an additional €600 million to COPS, increasing their total investment to €1.2 billion in the fund.

LCM continues to secure backing from a diverse array of institutional investors globally, including public and private pension funds, insurance companies, sovereign wealth funds, and endowments across Europe, North America, and Asia.

Paul Burdell, CEO of LCM Partners, expressed pride in achieving this pivotal milestone for COPS 5, attributing success to the unwavering support from both new and existing investors who shape their high-caliber investor base. He emphasized that the confidence and loyalty of their clients, along with Brookfield's substantial commitment, underscore the resilience and effectiveness of their strategy. Burdell remarked on the ongoing reduction of banks and the regulatory landscape driving loan sales, maintaining that the appeal of granular credit opportunities for consumers and SMEs across Europe remains robust.

Craig Noble, CEO of Brookfield Credit, stated, "The successful first close of LCM for COPS 5 highlights its solid private credit origination platform and the strength of its relationships with global investors. We have high confidence in LCM’s team and their investment strategies, which are predominantly asset-backed."

A Robust Presence Across Europe

Headquartered in London, LCM Partners operates with nearly 2,000 professionals in 25 offices across 11 countries. Their distinctive approach focuses on acquiring granular portfolios of consumer and small business loans throughout Europe. As of now, they manage over €120 billion in loans and have been strategically partnered with Brookfield since 2018.

About LCM Partners

Since 2018, LCM Partners has been a part of Brookfield Credit, investing in credit since 1999. Their expertise encompasses asset management, investment banking, strategic consulting, M&A, and business intelligence. They are considered pioneers in consumer and SME credit in Europe, with their principal management team boasting over 22 years in the field.

About Brookfield

Brookfield Asset Management Ltd., headquartered in New York, stands as a global leader in alternative asset management, boasting more than $1 trillion in assets under management across sectors like renewable energy, infrastructure, private equity, real estate, and credit. They invest clients' capital with a long-term perspective, focusing on real assets and essential service businesses that form the backbone of the global economy.

Brookfield Credit manages approximately $332 billion in assets globally as of August 6, 2025, focusing on various private credit investment strategies, including infrastructure, renewable energy, real estate, asset-backed credit, and corporate credit. Their investment profiles span investment grades, sub-investment grades, and opportunistic dimensions. The firm merges Brookfield's robust direct investment platform, built over decades, with strategic partners such as Oaktree Capital Management, Castlelake, LCM Partners, 17Capital, and Primary Wave Music. As one of the world’s largest and most experienced credit managers, Brookfield Credit offers flexible, specialized capital solutions to borrowers while seeking attractive risk-adjusted returns for clients.

For more information, please visit Brookfield's website.