Key Takeaways
- • Nomura and Aventus Capital, the insurance and asset management firm backed by CC Capital, launched Misura, a credit investment platform with around $1 billion in initial capital from global institutional investors, according to people familiar with the matter cited by Bloomberg.
- • Misura will initially focus on securitized products, private credit, and special situations, including opportunities within the investment-grade market.
- • Misura will operate as an investment adviser registered with the US Securities and Exchange Commission, with Andrew Rabinowitz, formerly of Marathon Asset Management and 26North, as chief executive officer.
- • The platform is hiring across its strategies and plans to target large institutional clients such as US public pension plans.
Summary
Nomura and Aventus Capital Inc. have set up Misura, a joint venture designed to give investors access to securitized products and private credit as money managers increasingly seek higher-yielding segments of the debt market, Bloomberg reported on November 12, 2026. The platform is set to start with roughly $1 billion in capital from global institutional clients, according to people familiar with the matter. Its initial focus also includes special situations, including opportunities within the investment-grade market.
Aventus Capital, previously known as Westaim, is backed by CC Capital, which was founded in 2016 by former Blackstone Inc. executive Chinh Chu. Chu spent 25 years at Blackstone in various leadership roles, including a stint as co-head of private equity, according to the company's website. In a statement, Chu said the partnership combines the flexibility of a specialist investment manager with the sourcing reach of a global investment bank.
Misura will be registered with the SEC as an investment adviser. Andrew Rabinowitz, who spent about two decades at Marathon Asset Management and was a senior partner at 26North, is chief executive officer of Misura Asset Management. In an interview, Rabinowitz said large institutional clients such as US public pension plans lack large internal teams and rely on advisers, and that combining special situations, structured credit and investment-grade exposure allows the firm to view the credit market holistically.
The platform will have a dedicated team and is hiring experts across its strategies. Gordon Sweely, head of securitized products and private credit at Nomura, said the differentiator is the ability to both access and distribute products across the entire capital structure.
Aventus Capital, previously known as Westaim, is backed by CC Capital, which was founded in 2016 by former Blackstone Inc. executive Chinh Chu. Chu spent 25 years at Blackstone in various leadership roles, including a stint as co-head of private equity, according to the company's website. In a statement, Chu said the partnership combines the flexibility of a specialist investment manager with the sourcing reach of a global investment bank.
Misura will be registered with the SEC as an investment adviser. Andrew Rabinowitz, who spent about two decades at Marathon Asset Management and was a senior partner at 26North, is chief executive officer of Misura Asset Management. In an interview, Rabinowitz said large institutional clients such as US public pension plans lack large internal teams and rely on advisers, and that combining special situations, structured credit and investment-grade exposure allows the firm to view the credit market holistically.
The platform will have a dedicated team and is hiring experts across its strategies. Gordon Sweely, head of securitized products and private credit at Nomura, said the differentiator is the ability to both access and distribute products across the entire capital structure.
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