AltNovel, an investment platform based in ADGM providing private market solutions, announced a private credit partnership with RockCreek.
This partnership aims to offer investors diversified “access to income-generating opportunities through co-investments in private credit markets.”
This partnership expects to focus on private credit investments “that generate consistent returns” and steady cash flows.
RockCreek has a track record in managing private credit investments of “over $5.0 billion in private credits since 2015.” AltNovel’s investor-focused approach and RockCreek’s expertise offer accredited investors an “opportunity to invest in unique and high-quality private credit investments.”
Stergios Voskopoulos, CEO of AltNovel:
“Our goal is to provide investors with a well-rounded private credit solution that delivers reliable returns and stability across all our vintage programs and funds. This partnership with RockCreek aligns with our goals and will ensure access to a strong pipeline of diversified co-investments opportunities.”
Mark Burbach, Board Director of AltNovel:
“The next offering by AltNovel bringing investors again institutional quality of private investments. Private Credit is a building block in an investment portfolio. Even better, direct investing in carefully selected senior secured loans on a co-investment basis eliminating fees. Core to the AltNovel thinking of investing.”
Siddarth Sudhir, Managing Director of RockCreek:
“RockCreek is excited to partner with AltNovel and together expand our product offering to Middle Eastern clients. We see significant continuing private credit market growth over the next few years and our partnership with AltNovel will help these clients generate attractive returns on their investments.”
As noted in the update, AltNovel, based in ADGM and regulated by FSRA, is a provider of “private capital investment solutions tailored for accredited investors.”
The firm’s approach is built on delivering “transparent, curated opportunities in private markets, emphasizing diversification and sustainable returns.”
Founded in 2003, RockCreek is a US-based institutional asset manager known for its “range of investment strategies with a focus on private credit.”