Global Outlook 2024 Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

Cresset Partners launches evergreen private credit fund

Cresset Partners has launched the Cresset Partners Private Credit Fund, an evergreen vehicle that will invest in a diversified portfolio of private senior secured loans, among other private credit opportunities.

Cresset Partners has launched the Cresset Partners Private Credit Fund, an evergreen vehicle that will invest in a diversified portfolio of private senior secured loans, among other private credit opportunities.

The fund will focus on predominantly US middle-market borrowers with EBITDAs between $10 million and $100 million.

Cresset has partnered with experienced credit managers to invest through customised vehicles and joint ventures to create what it says is a highly diversified portfolio of senior secured loans that provide a “natural and effective hedge against inflation and rising interest rates” due to the floating-rate coupons that are typically associated with private loans. 
 

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured