NN IP to launch closed-ended corporate debt fund – exclusive

The firm currently operates individual mandates for its institutional clients but is to now begin collecting for a closed-ended corporate private debt fund next year.

NN IP, the investment arm of Dutch insurance firm NN Group, has plans to market a closed-ended fund targeting investments in private debt in the second quarter of 2017, PDI can reveal.

With plans at an early stage, NN IP head of global credit Han Rijken declined to offer a target amount for the fundraise in a phone interview with PDI.