Key Takeaways
- • Sagard, the Montreal-based alternative asset manager, will bring its roughly $5.9 billion private credit platform to the US wealth channel, offering it to registered US advisors and accredited investors.
- • German family office Maryland GmbH is evaluating sports financing and mortgage servicing rights as attractive private credit opportunities.
- • Sagard has passed the halfway point in raising more than $1 billion in commitments for its third Credit Partners fund, with a first close already held.
- • Deutsche Bank is expanding its sports finance capabilities, targeting NFL and other sports franchises, and is also eyeing US wealth clients.
Summary
Sagard has announced that it will bring its private credit platform, roughly $6 billion in size according to some reports and $5.9 billion in the company's own disclosure, to the US wealth channel. The expansion gives registered US advisors and accredited investors access to the firm's private credit strategies. Sagard is a Montreal, Quebec-based alternative asset manager, and the move marks its entry into the US wealth market, extending its private credit footprint beyond institutional clients.
In parallel, Sagard has passed the halfway point in raising over $1 billion in commitments for its third Credit Partners fund and has held a first close. The firm's broader private credit fund invests in a diversified portfolio of mainly floating rate, senior secured, first-lien loans.
Separately, PEI Private Credit reports that German family office Maryland GmbH sees sports financing and mortgage servicing rights as attractive private credit opportunities. The story frames sports credit as an emerging niche within private debt, with Maryland evaluating it alongside mortgage servicing rights.
The brief also notes that Deutsche Bank is expanding its financing capabilities in sports, with an eye on NFL and other sports franchises, and is pursuing wealth-client opportunities in the same area. The full PEI Private Credit newsletter also covers Ascertis advancing fundraising for India and Southeast Asia, though the primary source provides limited detail on that item.
In parallel, Sagard has passed the halfway point in raising over $1 billion in commitments for its third Credit Partners fund and has held a first close. The firm's broader private credit fund invests in a diversified portfolio of mainly floating rate, senior secured, first-lien loans.
Separately, PEI Private Credit reports that German family office Maryland GmbH sees sports financing and mortgage servicing rights as attractive private credit opportunities. The story frames sports credit as an emerging niche within private debt, with Maryland evaluating it alongside mortgage servicing rights.
The brief also notes that Deutsche Bank is expanding its financing capabilities in sports, with an eye on NFL and other sports franchises, and is pursuing wealth-client opportunities in the same area. The full PEI Private Credit newsletter also covers Ascertis advancing fundraising for India and Southeast Asia, though the primary source provides limited detail on that item.
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