NBI & Apollo: Private Credit for Canadian Investors
- national Bank investments (NBI) and Apollo Global Management have joined forces to introduce the NBI Apollo Private Credit Fund, opening private credit opportunities to individual investors in Canada.
- The partnership provides Canadian investors access to private credit assets through the Apollo Debt Solutions BDC,which focuses on senior secured loans to large corporations,along with allocations to broadly...
- Corinne Bélanger,vice president of Investment Solutions at NBI,stated that the offering expands access to private credit for a wider audience.NBI manages C$99 billion ($72 billion) in assets.
NBI and Apollo have teamed up to launch a new private credit fund, offering Canadian investors unprecedented access to diverse investment solutions. Launched on May 1st, the NBI Apollo Private Credit Fund opens doors to senior secured loans and syndicated loans, empowering investors with new opportunities. This strategic move, a key part of Apollo’s wealth management expansion, broadens access to private credit assets. The fund strategy includes exposure to middle-market direct lending, further diversifying the portfolio for Canadian investors. The partnership is a testament to the growing demand for diversified investment opportunities, as stated by Corinne Bélanger, Vice President of Investment solutions at NBI. Read more within the News Directory 3. Discover what’s next in the evolving financial landscape.
NBI, Apollo Launch Private Credit Fund for Canadian Investors
national Bank investments (NBI) and Apollo Global Management have joined forces to introduce the NBI Apollo Private Credit Fund, opening private credit opportunities to individual investors in Canada. The fund became available to investors on May 1.
The partnership provides Canadian investors access to private credit assets through the Apollo Debt Solutions BDC,which focuses on senior secured loans to large corporations,along with allocations to broadly syndicated loans. The strategy also includes exposure to middle-market direct lending.
Corinne Bélanger,vice president of Investment Solutions at NBI,stated that the offering expands access to private credit for a wider audience.NBI manages C$99 billion ($72 billion) in assets.
The launch highlights Apollo’s increasing focus on wealth management as a key distribution channel. Earlier this year, Apollo broadened its retail presence through initiatives like the Apollo Diversified Credit Securitize Fund (ACRED), which uses blockchain technology to tokenize private credit exposure.
Apollo also collaborated with State Street Global Advisors to launch the SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV),extending institutional private credit strategies to retail investors through liquid ETF structures.
What’s next
The NBI Apollo Private Credit Fund aims to provide Canadian investors with increased access to choice investment solutions, reflecting a growing demand for diverse investment opportunities.