PIMCO Launches Diversified Private Credit Fund
London (30 April 2025) – PIMCO, a global leader in active fixed income with deep expertise across public and private markets, has announced the launch of the PIMCO Diversified Private Credit fund (DPC Fund), an evergreen private credit strategy focused on multi-sector private lending.
The DPC Fund is structured as a Luxembourg domiciled SCA, qualifying as a UCI Part II FundFootnote1. It will be managed by a seasoned PIMCO investment committee, with an average of 22 years of experience in multi-sector private lending, including Dan Ivascyn, Managing Director and Group Chief Investment Officer, and Managing Directors and Portfolio Managers Kristofer Kraus and Mathieu Clavel.
PIMCO’s semi-liquid DPC Fund intends to provide wealth investorsFootnote2 across EuropeFootnote3 with an opportunity set across a diverse investment universe, encompassing private loans secured by hard assets, residential mortgages, consumer credit, corporate credit, and commercial real estate loans. Loans secured by hard assets include consumer-related credit (such as auto, equipment or residential loans), non-consumer-related credit (including aviation finance and data infrastructure), and residential mortgages.
The DPC Fund will employ a diversified, relative value approach across these assets, with the aim of constructing a downside-protected portfolio that can generate both income and long-term capital appreciation.
Christian Stracke, President and Global Head of Credit Research at PIMCO, said:
“The rapid growth of private markets is creating dynamics similar to those that we have found structural alpha in across public markets over the past 50 years. The opportunity in private credit lies in asset-based lending, real estate debt and flexible and value-oriented investment strategies.
“The DPC Fund will provide wealth investors access to a comprehensive range of asset classes, along with PIMCO’s time-tested, alternative credit and private strategies platform. This launch marks an important step in the evolution of our semi-liquid, income-oriented solutions, providing investors with a unique, holistic approach to private credit. We are proud to be bringing this exciting evergreen strategy to the European wealth market.“
The Strategy sits with its $191 billion Alternative platform, which includes $162 billion in assets under management across alternative credit & private strategies.
Disclosures
About PIMCO
PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, drawing upon our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.
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