The fund is available to high net worth investors and their advisors, as well as institutional investors, in parts of Europe, the Middle East, Asia, Latin America and Canada. Driven by investor demand, the fund has reached commitments for more than $365 million in assets under management, nearly doubling the launch target size, the firm said in a statement.

HLGPS aims to provide investors with long-term capital appreciation by building a diversified portfolio of secondary investments. The fund offers access to high-quality private market investments diversified across strategies, industries, vintages and geography, in a single fund with quarterly limited liquidity. The strategy seeks high quality middle market buyout funds and assets, with significant near-term distribution potential.

MSCI
Index provider and investment data group MSCI has launched a solution that helps clients understand the long-term risks of private credit, an expanding asset class. 

The New York-listed group said it is responding to investors’ lack of data and insights for the asset class. 

The Private Credit Factor Model integrates private credit into the systematic, factor-based framework that forms the basis of modern portfolio management, MSCI said in a statement today.   

“Over the past decade the explosive growth in private credit, driven by investors’ search for yield and structural shifts in capital markets, has outpaced the tools needed to manage it. And institutional investors such as pension funds are being asked by plan participants, boards and other stakeholders to shed light on these often-opaque assets,” it said. 

“Private credit requires enhanced analytical tools and insights as it plays an increasingly important role in diversified investment portfolios,” Luke Flemmer, head of private assets at MSCI, said. “By bringing transparency and consistency to private credit risk, MSCI’s model supports smarter decision-making and enables investors to better understand how these assets contribute to overall portfolio risk and resilience.”