Aviva's third LTAF, launched in 2024, targets diversified investment opportunities across the private debt spectrum.
Repurchase requests in the $4.3 billion private debt fund have now fallen for two consecutive quarters, more than halving from 8.5% in Q1 to 3.8% in Q3.
Shareholders submitted an estimated $4.3 billion of Q3 repurchase requests, representing around 10% of shares outstanding, as of June.
The LP is also weighing the rollover of prior TAO commitments into the latest evergreen vintage, which is targeting $5-7 billion over an 18-month fundraising period.
The credit secondaries vehicle will reportedly acquire loans from the manager's existing portfolio and provide fresh capital for new lending.
The open-ended evergreen structure, for an undisclosed institutional investor, will invest in senior and junior direct lending opportunities in the region.
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.
European and UK wealth managers will be able to access and trade Coller's secondaries funds at scale.
The Zenzic Real Estate Credit Opportunities Fund launched in October 2025 with an anchor investment from GCM Grosvenor.
The multi-sector solution, designed for UK Defined Contribution pension plans, will be the first sub-fund launched under the manager's broader Private Markets LTAF umbrella.
