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.
The deal would reportedly shift the vehicle's assets into a closed-end structure and trigger a delisting.
PIMCO Private Income Fund targets performing private credit across hard assets, financial assets, and corporate credit, including through secondaries.
The London-based startup aims to address private credit's fund-level liquidity, which remains constrained by available cash and redemption terms.
The partnership will also develop products for wealth investors, beginning with an evergreen private equity secondaries fund expected in the coming weeks.
The credit secondaries vehicle will reportedly acquire loans from the manager's existing portfolio and provide fresh capital for new lending.
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.
Institutional Link dives into PG LIFE's share class performance, portfolio makeup, and other details of the Luxembourg-domiciled SICAV fund.
The open-ended vehicle, available in nine European countries, is accessible from €100,000 in Switzerland.
