Guggenheim Investments, the global asset management and investment advisory division of $320bn global investment and advisory firm Guggenheim Partners, has held the closing of a $1.2bn private credit vehicle led by Apollo S3.

Pantheon co-led the transaction, with significant investments by Coller Capital, Antares Capital, GCM Grosvenor, Atalaya Capital Management and a fund managed by Hamilton Lane.

Latham & Watkins advised on the transaction, while Clifford Chance advised Apollo S3 and Hogan Lovells US advised Pantheon.