The potential acquisition aligns with Allianz’s strategic concentrate on increasing its non-public credit score capabilities. Allianz International Traders, the asset administration arm of Allianz, has been actively enhancing its non-public credit score choices. In October 2023, AllianzGI launched the Allianz Core Personal Markets Fund, a semi-liquid technique offering skilled buyers entry to a diversified portfolio throughout non-public fairness, company non-public debt, and infrastructure, with a goal fund dimension of €3 billion. Moreover, AllianzGI’s Influence Personal Credit score technique reached €560 million in commitments at its first closing, specializing in investments that handle environmental and social challenges
