The credit secondaries vehicle will reportedly acquire loans from the manager's existing portfolio and provide fresh capital for new lending.
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 open-ended evergreen fund will give institutional and private wealth investors access to direct lending, credit secondaries, fund finance, and other income strategies.
Openstone Infraworld will initially target four funds managed by Macquarie, Partners Group, and Ares, including strategies focused on infrastructure secondaries.
The evergreen fund targets the energy, digital infrastructure, and transport sectors mainly through direct deals, complemented by secondaries and co-investments.
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.
Managed by Fundcraft France and initially distributed exclusively by Rhétorès Finance, the vehicle will combine primary and secondary investments, with monthly subscriptions and quarterly redemptions.
We dive into EPME, outlining the investment strategy, capital flow policy, and other details of the Partners Group-managed vehicle.
The recently registered interval fund, sub-advised by Barings, will target private asset-based credit investments through direct and secondary transactions.
