GCRED's annualized inception-to-date net return improved to 9.1%, with more than 96% of its investments performing at or above expectations.
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.
The firm reported a 14% QoQ increase in private wealth inflows, supported by growth across its evergreen funds and easing redemption pressure in its credit and real estate vehicles.
The $15 billion Partners Group Private Equity Fund accepted approximately one-third of the $2.2 billion in Q3 repurchase requests, with payments made in the form of promissory notes.
Incepted in 2021, Ares Pathfinder Core Fund is an evergreen asset-based lending vehicle that invests in liquid and illiquid opportunities.
