New York-based Privacore Capital and Chicago-based Victory Park Capital announced the launch of a jointly administered interval fund focused on private asset-backed credit, Privacore VPC Asset Backed Credit Fund.
AltsABF, as it is known, is the first registered interval fund for both firms – which are wholly owned by Janus Henderson – and has been seeded with $250 million in deployable capital from strategic investors, including CNO Financial Group (a minority investor in Victory Park) and Corbin Capital Partners.
