Launched in 2023, GSEC invests alongside the firm's flagship closed-ended European senior direct lending family of funds.
The firm's five evergreen vehicles, including a private equity secondaries fund, reached €8.2 billion in aggregate value in Q3.
The firm is developing products for retirement and mass affluent investors as wealth AUM soars 41% YoY to $82 billion.
Incepted in 2021, Ares Pathfinder Core Fund is an evergreen asset-based lending vehicle that invests in liquid and illiquid opportunities.
The non-traded BDC accepted all 1.8 million shares tendered in Q3, with investors to receive non-interest-bearing, non-transferable promissory notes instead of immediate cash.
Withdrawal requests at Barings Private Credit Corporation reached 10.68% of outstanding shares in Q3, with just 46.84% of validly tendered shares accepted on a pro-rata basis.
The strategy, anchored by a Korean institutional investor, has adopted an evergreen semi-liquid structure aimed at capturing emerging credit secondary opportunities throughout the cycle.
HarbourVest's FTSE 250-listed trust, which has a 29% allocation to secondaries, first announced plans in April to narrow its persistent discount to NAV.
The Zenzic Real Estate Credit Opportunities Fund launched in October 2025 with an anchor investment from GCM Grosvenor.
Aviva's third LTAF, launched in 2024, targets diversified investment opportunities across the private debt spectrum.
