Belstar Launches Belstar Credit Opportunities Fund, a New Flagship Global Credit Strategy
Belstar Management Company, LLC (“Belstar”), a leading global credit investment firm, announced today the launch of a flagship credit fund, Belstar Credit Opportunities Fund, to invest across liquid and private credit opportunities, including both corporate and structured credit assets, globally.
Through Belstar’s global sourcing capabilities, Belstar Credit Opportunities Fund will seek to provide investors with exposure to attractive risk-adjusted returns leveraging Belstar’s fundamentals-driven investment process and opportunistic credit expertise in both public and private markets. To support a subset of the investment strategy, Belstar intends to partner with Apollo in order to access high quality credit assets originated across Apollo’s global platform, deepening the strategic relationship between Belstar and Apollo established in August 2022 forming a non-bank lending joint venture focused on serving Korea-based companies and sponsors.
Belstar's Managing Partner, Daniel Yun, commented, “We are delighted at the prospect of extending our relationship with Apollo, a leading global credit manager. This launch is part of our broader strategy to further diversify the investment portfolios that we manage and to provide our LPs with access to best-in-class credit investments. Credit plays an important role in our strategic asset allocation, and it helps us continually meet our investors’ objective of investing in an asset class that can provide consistent performance while maintaining a focus on downside protection.”
Rob Givone, Partner and Head of Portfolio Strategy at Apollo, commented, “We are pleased to continue supporting the expansion of Belstar’s platform. This strategy is a natural extension of Belstar’s global credit capabilities and reflects the growing demand from Asian investors for high-quality credit investments. We look forward to continuing our dialogue with Belstar and exploring new opportunities to expand our collaboration with the Belstar team.”
About Belstar Group
Belstar and EMP Belstar specialize in credit and private equity investments and currently have over $2 billion in assets under management. Since 1998, Belstar has raised and invested over $5 billion of credit-dedicated capital. Belstar’s corporate offices are located in New York, Seoul, and Singapore and New York-based Belstar Management Company is an SEC registered Investment Advisor. Belstar has primarily invested on behalf of institutional investors based in Korea, with a 15-year track record in global corporate and structured credit markets. Belstar has a unique history of delivering advanced investment propositions, including establishing one of the first foreign funds to register with the Financial Supervisory Services of Korea. To learn more, please visit www.empbelstar.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
BLACKLINE-SAFETY9.2.2023 08:35:01 CET | Press release
Blackline Safety Launches First EU Service Centre
WIKIFARMER9.2.2023 08:34:50 CET | Press release
Wikifarmer Democratizes Agricultural Commerce. Put Simply, It Enables Farmers to Sell Directly to Businesses at Higher Margins and Educates Them on Modern Farming Techniques
MA-TAKEDA9.2.2023 00:31:36 CET | Press release
Takeda Completes Acquisition of Nimbus Therapeutics’ TYK2 Program Subsidiary
O-RAN-ALLIANCE9.2.2023 00:25:42 CET | Press release
O-RAN ALLIANCE Events and Demos at MWC Barcelona Showcasing O-RAN Ecosystem Progress
NY-IFF8.2.2023 22:32:39 CET | Press release
IFF Reports Fourth Quarter and Full Year 2022 Results
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom