The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

Janus Henderson
Janus Henderson affiliates Privacore Capital and Victory Park Capital have launched the Privacore VPC Asset Backed Credit Fund. This is the firms’ first registered interval fund. It aims to provide institutional-quality exposure to private asset-backed credit, designed to meet the needs of individual investors, including private wealth investors. 

The fund has secured more than $250 million in deployable seed capital from multiple strategic investors including announced strategic partner CNO Financial Group and Corbin Capital Partners.

Privacore, an open-architecture solutions provider for alternative investment products tailored to private wealth clients, advises AltsABF, overseeing the day-to-day management and operations of the fund. VPC, a global alternative investment firm specializing in private asset-backed finance, serves as the fund’s sub-advisor.