Pimco to launch private credit fund in Europe for retail investors

Pimco and KKR among suitors for £1.7bn John Lewis card provider NewDay

A Bain Capital-led consortium which includes Centerbridge Partners is among the suitors circling NewDay, which also owns the Argos store card business, Sky News learns.

Pimco to launch private credit fund in Europe for retail investors

World’s largest active bond manager seeks to attract wealthy investors in search of juicy yields

The US bond management company Pimco, a subsidiary of German insurer Allianz, is preparing to launch a private debt fund for private investors in Europe, reports the Financial Times.

Pimco, the U.S. bond giant, is launching its first private credit fund in order to take advantage of the demand from investors in the sector in quick...

EIF Joins Forces with Alfa Framtak to Launch First-Ever Private Equity Fund Commitment in Iceland

EIF Joins Forces with Alfa Framtak to Launch First-Ever Private Equity Fund Commitment in Iceland (IN BRIEF) The European Investment Fund (EIF) has made its first-ever private equity fund investment in Iceland, committing €30 million to Alfa Framtak’s AF3 fund under the European Commission’s InvestEU programme. With a total first close of €145 million, AF3 will focus on Icelandic SMEs and mid-cap firms that drive innovation in sustainability, di…