CG Aegon AM Private Credit LTAF
Bringing unique opportunities to investors who look beyond the conventional
CLASS AND CODES
Asset Class: Fixed Income

The UK’s Financial Conduct Authority has granted approval for the launch of the CG Aegon AM Private Credit LTAF - Aegon AM’s first Long Term Asset Fund (LTAF). The LTAF supports our long-term commitment to offering clients market-leading private credit strategies across a broad range of high-quality asset classes. 

 

Carne Group, Europe’s largest independent third-party management company, will be acting as the Authorised Corporate Director (ACD) of the fund.

Investment objective

 

The CG Aegon AM Private Credit LTAF is a diversified strategy that aims to achieve its objective by investing in a range of actively managed funds or other investment vehicles that invest in private loans and other fixed income securities.

 

Key considerations

The LTAF allocates to yield-enhancing illiquid private credit segments including Corporate Lending, Fund Financing, Insured Credit, Renewables and Asset Backed Finance. The underlying strategies have been selected based on the following criteria:

 

 

  • Focus on yield-enhancing private credit segments

  • Risk diversification across and within asset classes

  • Achieving a portfolio with c.30% UK exposure

  • Achieving an implied weighted average credit rating of BBB for the portfolio

  • Investing in private credit assets that are not considered detrimental under Aegon AM’s proprietary ESG/sustainability matrix

 

 

These unique assets have the potential to generate higher returns compared to public markets, increase diversification, and contribute to financing companies and projects in various high-quality jurisdictions including the United Kingdom.

Why Aegon Asset Management for Private Credit?

 

Aegon Asset Management is one of Europe’s largest alternative fixed income managers, offering clients skill, scale and experience.

 

Active in 4 core Private Credit areas

 

 

 

  • Key strategic line of business for Aegon AM

  • Offers additional yield over equivalent rated Core Fixed Income strategies

  • Risk diversification across borrowers and asset categories

  • With ca EUR 81bn AuM managed by a 60-strong global team, Aegon AM is one of the largest Alternative Fixed Income asset managers in Europe*

Private Credit in DC

A multipurpose asset class offering improved risk-adjusted outcomes

 

Recent years have seen increasing interest in private markets allocations within Defined Contribution (DC) glidepath solutions. This is now gaining traction with several announcements of new allocations and the launch of Long Term Asset Funds (LTAFs). 

Contact us
Jill Johnston
Head of UK Institutional Business
+44 (0) 7740 897 771
Carly Norris
Senior Consultant Relations Manager
+44 (0) 7976 837240
Jordan Irvine
Institutional Client Director
+44 (0) 7971 268 144
Alexandra Ross
Consultant Relations Manager
+44 (0) 7740 897 044
Louise Bryans
Senior Communications Manager
+44 (0)7583 162 643
Disclosures