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Latham & Watkins Advises Guggenheim Investments on Final Close of PDF IV at US$8.4 Billion of Total Available Capital
April 2, 2026
Multidisciplinary team led by members of the firm’s Investment Funds Practice represented the global asset management and investment advisory division of Guggenheim Partners in the transaction.
Guggenheim Investments announced the final close of Guggenheim Private Debt Fund IV (PDF IV), its most recent dedicated private debt vehicle. The fund and related vehicles raised approximately US$8.4 billion of total available capital, exceeding the initial fundraise target, with demand exceeding the fund’s hard cap.*
Latham & Watkins LLP represented Guggenheim Investments in the transaction with a corporate deal team led by New York Investment Funds partners Andrea Schwartzman and Oliver Prakash‑Jenkins and Washington, D.C. funds regulatory partners Jamie Lynn Walter and Mike Hart‑Slattery, with associates Mario Richards, Joseph Riposta, and Paul Chan Domingo. Advice was also provided on tax matters by New York partner Michael Milazzo; and on finance matters by Washington, D.C. partner Benjamin Berman, Los Angeles partner Topher Michail, and Orange County counsel Joshua Strathman, with associates Upton Au, Anya Tirelli, Jen Goldshtein, Steven Hao, and Eamon Bousa.
*Total available capital includes equity commitments in related vehicles and expected leverage.