ACCESS Pool, Essex, England, is searching for senior secured direct lending strategies focused on European and U.S. markets.
The initial allocations are expected to be £200 million ($255 million) for the European commitment and £150 million for the U.S. commitment, with further allocations in the future expected in both cases.
The chosen strategies or funds will provide senior secured direct loans to corporates with a focus on the core middle-market, lending to a mainly private equity sponsor-backed borrower base, a news release said.
Investment managers with relevant capabilities are invited to submit proposals for the provision of each of the contracts. Further detailed information is contained in documents that are available upon request. Interested investment managers are invited to request the related information and documents via email: senior secured direct lending, Europe, and senior secured direct lending, U.S.
The deadline for initial submissions is Sept. 6.
ACCESS (A Collaboration of Central, Eastern and Southern Shires) is made up of local government pension scheme funds in England and ran assets totaling £40 billion on behalf of its member pension funds as of December 2023.
