The oversubscribed rated structure is split evenly between US and Asian private-market strategies.
AllianzGI's credit secondaries platform seeded JCP's inaugural European direct lending fund with a recently originated private credit portfolio.
The oversubscribed vehicle provides liquidity to investors in Bridgepoint Direct Lending II, which holds a portfolio of senior secured European middle-market loans.
The Hong Kong billionaire's portfolio reportedly includes interests in funds managed by HSG and Vista Equity Partners.
Existing investors Verlinvest and the Mirchandani family have also increased their stakes in the India-based yogurt brand.
The transaction expands institutional access to the firm's private markets capabilities across secondaries and private credit.
The participants plan to expand the range of transferable private credit assets and improve verification as tokenized secondary markets develop.
The sovereign wealth fund has reportedly tapped Evercore to assist in trimming its maturing portfolio.
The National Pension Service of Korea and Townsend Holdings have also increased their ownership in the Australian alternative asset manager.
Founded in 2002, CRC is a private credit manager that invests in bank capital strategies, mainly SRT transactions, that deliver non-dilutive capital solutions to European banks.
