Multi-manager private credit strategy across bank loans, structured credit, securitizations, real estate mezzanine and distressed debt. Allocated among specialist sub-advisers for diversified current income.
Key figures
Net assets$479M
Total assets$515M
Leverage1.07×
Target TWR8–11%
Strategy
Fund typeDirect
Asset classPrivate Credit
StrategyDirect Lending
Deal typeprimary, secondary, co-invest
Target geographyUS, KY, XX, IE
Investor eligibilityRetail
Leverage ratio0.5x
BenchmarkSOFR+500bps
Fund management team
Michael Peck
Portfolio Manager, CEO and Co-Chief Investment Officer · First Trust Capital Management
Brian Murphy
Portfolio Manager, Co-Chief Investment Officer · First Trust Capital Management
Robert O'Hara
Portfolio Manager, Principal · First Trust Capital Management