The Privacore VPC Asset Backed Credit Fund secured over $250 million in deployable seed capital from multiple investors, including CNO Financial Group and Corbin Capital Partners.
The recently registered interval fund will target global credit markets and may invest a substantial portion of its assets in below-investment grade instruments.
The firm also provided updates on its private equity evergreen fund and non-traded BDC, as well as plans to launch new products targeting the wealth segment.
We dive into PennantPark Enhanced Income Fund, outlining the investment strategy, share classes, and other details of the closed-end fund.
The fund has already secured a $125 million anchor commitment from Beedie Capital following its acquisition of a 50% stake in Vistara.
We dive into AltsABF, outlining the performance, portfolio composition, and other details of Privacore Capital and Victory Park Capital's first registered interval fund.
The Loomis Sayles Credit Income Opportunities Fund, distributed by Natixis Investment Managers, will invest in public and private credit markets.
Sub-advised by PineBridge Investments, the fund primarily invests in equity and junior mezzanine tranches of broadly syndicated loan CLOs.
The multi-strategy vehicle, aimed at retail investors, offers public and private market credit exposure.
Franklin BSP Lending Fund will pursue private debt investment opportunities in US middle-market companies with $25-100 million EBITDA.
