Privacore VPC Asset Backed Credit Fund seeks high-income potential through a diversified portfolio of asset-backed credit.
About this fund
Privacore VPC Asset Backed Credit Fund (“AltsABF” or the “Fund”) aims to provide institutional-quality exposure to primarily private asset-backed credit, thoughtfully designed to meet the needs of private wealth investors. The Fund is sub-advised by Victory Park Capital (VPC), a dedicated private asset-backed credit manager established in 2007 that has focused on this space since 2010.
Privacore VPC Asset Backed Credit Fund seeks to achieve a high level of current income and, to a lesser extent, capital appreciation, through a diversified portfolio of credit instruments backed by physical, financial, or intellectual assets. With a strong emphasis on disciplined risk management, the Fund applies rigorous sourcing and underwriting to build a diversified portfolio spanning consumer credit, small business financing, real estate, legal credit, and physical assets.
Why AltsABF
High current income potential
- Seeks a high level of current income by investing primarily in private, asset-backed credit
- Majority of portfolio in senior secured, first lien, asset-backed loans
Rigorous risk management
- Seeks to mitigate risk through a strong collateral base and diversification across borrowers, sectors, geographies, and collateral types
- Underpinned by Victory Park Capital's proprietary risk management tools for ongoing monitoring and granular portfolio analysis
Institutional-quality asset-backed finance, made accessible
- Draws on Victory Park Capital's deep specialization in asset-based finance, honed over 15 years of disciplined sourcing, underwriting, and execution
- Enables simplified investor access with daily subscriptions, quarterly redemptions, 1099-DIV tax reporting, and user friendly "point and click" subscription
Janus Henderson acts as a distributor on this fund.
Please visit Privacore’s website for additional information.