Park Square Capital is partnering with iCapital to expand access to its products via the distribution platform’s wealth managers.
“We are pleased to announce that Park Square Capital is expanding access for wealth managers and their clients to its European private credit strategies through the iCapital Marketplace,” said the London-headquartered private debt firm in a LinkedIn post.
Park Square’s strategy focuses on financing solutions to high-quality and stable companies across Europe and the US. Last month, it raised over €2.4bn (£2.1bn) at the final close of its latest junior capital fund, marking a record raise for the strategy and beating its €1.75bn target.
Alternative Credit Investor has reached out to Park Square for additional comment on the announcement.
iCapital has partnered with a number of alternative asset managers to offer their products – including private debt strategies – on its platform.
In August, Apollo Global Management and CAZ Investments both announced partnerships with iCapital Marketplace.
iCapital currently offers a series of Apollo’s evergreen private markets solutions on its platform, while CAZ’s general partner stakes strategy is also distributed on its channels.
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