The fund attracted both new and existing investors, including sovereign wealth funds, pension funds, insurance companies, consultants, and multi-family offices.

Warren Spector, chairman of Balbec, highlighted the strong investor confidence in the firm’s approach, investment process, and analytics. He noted a growing demand for Balbec’s asset-based and specialty finance strategies as investors seek diversification.

Balbec has deployed more than $23bn globally since its inception in 2010, focusing on delivering risk-adjusted returns across asset-based credit strategies. The previous iteration of the fund closed in 2022 with over $1.5bn in commitments.

Balbec’s market presence continues to expand, with significant capital already deployed across the US and Western Europe. Partner and president Peter Troisi stated that the firm is well-positioned to capitalise on a strong pipeline of opportunities in these regions.

The Insolve Global Credit Fund VI has built a diversified portfolio of amortising financial assets, including residential and commercial mortgage loans, consumer non-performing loans (NPLs), restructured payment plans, mortgage servicing rights, and other credit assets with strong risk-return potential. The fund has already called 51% of capital commitments.

Balbec focuses on high-barrier-to-entry markets where it leverages its expertise in sourcing, asset management, capital markets, and proprietary technology to drive strong investor returns.

Source: Alternative Credit Investor

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