Demand for income strategies targeting uncorrelated returns that also provide an inflationary hedge is growing rapidly.
Blackstar Asset Management, a new venture from Blackstar Capital and a Swiss Family Office has launched aiming to meet the fast growing demand for private credit strategies among investors.
David Hall of the Philipp Family Office, Mark Stephens of Blackstar Capital and Morgan Metters, previously of Kimura Capital are behind the new outfit.
Seeded by capital from a Swiss family office, the firm will focus on sustainable private debt strategies such as direct loans, deal participation and niche private fund opportunities.
“We are extremely excited about this new partnership,” says David Hall, CIO of Blackstar Asset Management.
“By bringing together Blackstar’s origination capabilities and global operational expertise together with our portfolio management experience, we believe we can deliver a product that will resonate with investors at a time of great interest in the private credit universe.”
“We have specifically structured Blackstar Asset Management to address the challenges that have arisen in the first generation of private credit funds,” says Morgan Metters, COO of Blackstar Asset Management.