AltNovel partners with RockCreek to expand private credit access
AltNovel, an investment platform based in Abu Dhabi providing retail access to private markets, has entered into a partnership with US based institutional investor firm RockCreek.
The link-up aims to offer investors the opportunity to invest in income-generating assets through co-investments in private credit markets.
Under the partnership, AltNovel investors will gain access to RockCreek’s experience in managing private credit investments of over $5bn (£3.96bn) in private credits since 2015.
The move builds on AltNovel’s aim to expand retail access for accredited investors to private markets, with a regional focus but global aspirations. AltNovel launched its platform in October 2024.
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“Our goal is to provide investors with a well-rounded private credit solution that delivers reliable returns and stability across all our vintage programs and funds,” said Stergios Voskopoulos, chief executive of AltNovel.
“This partnership with RockCreek aligns with our goals and will ensure access to a strong pipeline of diversified co-investments opportunities”.
Siddarth Sudhir, managing director of RockCreek, added: “RockCreek is excited to partner with AltNovel and together expand our product offering to Middle Eastern clients.
“We see significant continuing private credit market growth over the next few years and our partnership with AltNovel will help these clients generate attractive returns on their investments.”
Read more: Dubai’s stock exchange launches platform to tap into private credit
