Nuveen launches private credit and real estate strategies

Nuveen has launched two new private market strategies focused on European private credit and global real estate.

The $1.3tn (£0.98tn) asset manager has launched a European private credit direct lending fund in partnership with Arcmont Asset Management, one of Nuveen’s affiliated firms alongside Churchill Asset Management. The strategy provides qualified investors access to Nuveen’s $80bn private credit platform and aims to capitalise on a consolidating lending market and ongoing bank retrenchment.

“This approach further exemplifies our focus on designing and delivering innovative solutions to make private credit accessible to a wider investor base,” said Anthony Fobel, chief executive officer at Arcmont. “As demand for differentiated income and diversification grows, our role is to facilitate access while helping broaden participation in this asset class.”

Nuveen has also introduced a global cities real estate strategy, which will invest in commercial real estate properties. The strategy offers investors exposure to Nuveen’s $142bn global real estate platform.

Both funds will be available to qualified individual investors in Europe and Asia, Nuveen said.

“These launches directly address the surging appetite of individual investors for private market strategies, a trend we’re seeing globally,” said Jeff Carlin, head of global wealth advisory services at Nuveen. “They come at a transformative moment when the wealth management industry is fundamentally reimagining portfolio construction, incorporating alternatives that may offer investors enhanced resilience and compelling risk-adjusted returns amid today’s market complexity.”