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Laxman Pai, Opalesque Asia: Global private markets manager Pantheon has launched a new private credit secondaries-focused fund for the US private wealth market.
"AMG Pantheon Credit Solutions Fund (PSECC) is the first fund of its type to deliver a private credit secondaries-focused investment strategy to the US private wealth market," said a media release from the private equity, infrastructure, real assets, and debt investor.
PSECC will seek to leverage Pantheon's pioneering expertise in private credit secondaries solutions to build a diversified portfolio of high-quality private credit investments, with the potential to generate strong, risk-adjusted total returns and an attractive income stream, it said.
"Development reflects the continued expansion of Pantheon's global evergreen platform, which also includes the $2.3bn AMG Pantheon Fund, one of the largest registered private equity funds in the US," it added.
PSECC is designed to offer prospective investors a core private credit exposure, diversified by manager, vintage year, industry sector, and company.
Rakesh (Rick) Jain, Pantheon Partner and Global Head of Private Credit, said: "We are excited about extending our position in private credit secondary solutions to this important and growing client channel. We see a strong opportunity for investors to capitalize on the supply-demand imbalance of capital and expertise in this space, similar to the evolution of secondaries across private equity, infrast...................... To view our full article Click here
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