02/26/2026 | Press release | Archived content
Press releases | February 26, 2026
Fried Frank has advised Arcmont Asset Management ("Arcmont"), a leading European private credit asset management firm and affiliate of Nuveen, on the fundraising and final closing of Capital Solutions Fund II and associated vehicles, raising total investable capital of c. €1.5 billion. The strategy capital has nearly doubled in size versus its predecessor, Capital Solutions I. It has attracted a diverse mix of investors including pension funds, endowments, insurance companies, family offices and sovereign wealth funds from North America, Europe and Asia.
Launched in 2020 and co-headed by Alice Cavalier and David Brooks, Arcmont's Capital Solutions strategy originates bespoke financing opportunities with higher return potential, investing in more complex credits, junior capital and market dislocations. Arcmont views the strategy as highly complementary to its flagship Direct Lending strategy (on which Fried Frank also advises), leveraging deep origination capabilities and relationships to provide a broad range of financing solutions for Europe's leading private equity sponsors.
The Fried Frank team was led by asset management partners Kate Downey, David Christmas and Nathan McKinnon.
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