The platform is established in partnership with AIG, which serves as a cornerstone investor contributing up to $1.5 billion from its existing portfolio.
The credit secondaries vehicle will reportedly acquire loans from the manager's existing portfolio and provide fresh capital for new lending.
The vehicle will invest at least 85% of its capital in a Partners Group ELTIF, which focuses on private equity direct and secondary investments.
The vehicle is CVC's fourth fund aimed at the wealth channel and will target opportunities through secondaries, directs, and primary investments.
The Dutch investment manager is expanding into GP stakes investing while also developing a dedicated open-ended strategy for managing secondary investments.
The Luxembourg-domiciled vehicle marks the latest addition to the firm's $15 billion global evergreen platform.
The open-ended vehicle, available in nine European countries, is accessible from €100,000 in Switzerland.
The partnership provides Mediobanca Private Banking clients in Italy access to Coller Equity Feeder, a flagship evergreen private equity secondaries fund.
The semi-liquid open-ended fund will invest across developed markets primarily through secondaries.
Two newly launched LTAFs will provide exposure to a broad range of private market investments, including primary commitments, secondary transactions, and other deal types.
