AGF, in partnership with SAF, launches private credit funds for Canadian retail and institutional investors
The launch strengthens AGF’s commitment to its private alternatives business
/ DO NOT DISTRIBUTE TO US NEWS OR BROADCAST SERVICES /
TORONTO, 07 Jul. 2021 (GLOBE NEWSWIRE) – AGF Investments Inc. (AGF) in partnership with Groupe SAF (SAF) are pleased to announce today the launch of new private credit investment solutions for multichannel distribution in Canada.
Building on AGF’s commitment to the growth of private alternatives, the initial offerings target Canadian retail and institutional investors through two connected offerings, AGF SAF Private Credit Limited Partnership and AGF SAF Private Credit Trust.
“Private credit is one of the fastest growing categories of alternative investments and demand continues to grow as investors seek reliable income streams, diversification and attractive returns,” said Judy Goldring, President and Head of Global Distribution, AGF Management Limited. “With these products now available for investment, we are delighted to further expand our footprint with SAF, while expanding our alternative business. “
AGF SAF Private Credit Limited Partnership, available to qualified investors, seeks to achieve attractive risk-adjusted returns with low correlation to traditional asset classes by building and maintaining an income-generating portfolio of private and public debt securities. The Partnership will allocate capital through various credit strategies to a diverse set of middle and lower market companies, primarily in Canada and the United States, to build a portfolio of private and public debt instruments generating returns. income.
AGF SAF Private Credit Trust, available to accredited retail investors and eligible investors, provides access to AGF SAF Private Credit Limited Partnership which aims to generate attractive risk-adjusted returns with low correlation with traditional asset classes by building and maintaining a portfolio private and public debt securities generating income. AGF SAF Private Credit Trust provides investors with access to the benefits of investing in private credit, including the potential for enhanced returns and regular distributions, as well as investments that include a combination of ETFs and mutual funds. investment funds (including AGF funds) with various income characteristics selected to enhance liquidity.
“We believe that alternatives are fundamental elements for a well-constructed portfolio. In an increasingly complex market environment, we aim to provide a wide range of investors with access to private alternatives that can provide the income, diversification and liquidity that investors seek, ”added Goldring.
The new offers also allow investors to access the expertise of the SAF Group, one of the leading providers of alternative capital in Canada, specializing in tailor-made financial products.
AGF began its partnership with SAF in 2014 and the launch of these private credit funds is an extension of the partnership with SAF.
“We are delighted that our evolving partnership with AGF has strengthened our position as a leading private lender in the market, while allowing us to commercialize these new private lending investment opportunities,” said Ryan Dunfield, Founder and CEO of the SAF Group. “We continue to benefit from AGF’s operational scale, expertise and retail distribution reach, which allows us to remain focused on managing our investments and LPs.
About AGF Management Limited
Founded in 1957, AGF Management Limited (AGF) is an independent and globally diversified asset management company. AGF takes a disciplined approach to delivering investment management excellence through its core, quantitative, alternative and high net worth businesses focused on delivering exceptional customer experiences. AGF’s portfolio of investment solutions extends globally to a wide range of clients, from financial advisers and individual investors to institutional investors, including pension plans, corporate plans, funds sovereigns, endowments and foundations.
AGF has investment operations and customer service teams in the field in North America, Europe and Asia. With nearly $ 42 billion in assets under management and remunerated assets, AGF serves more than 700,000 investors. AGF is listed on the Toronto Stock Exchange under the symbol AGF.B.
About the SAF Group
Founded in 2014, the SAF Group (SAF) is one of the leading providers of alternative capital in Canada, specializing in bespoke financial products and having committed more than $ 2.0 billion in transactions investing in more than 25 companies. nowadays. SAF’s credit-focused team of over 15 investment professionals manages assets in capital-intensive and scalable industries. The team has demonstrated expertise in energy, mining and materials, financial services, and other opportunistic deployments in both blind pools and closed vehicles.
With offices in Calgary, Alberta and Vancouver, British Columbia, the SAF Group relies on a team of resource specialists, internal research and operations teams in addition to a large group of professionals from investment to provide flexible and long-term capital solutions to the public and private sectors. companies while offering stable risk-adjusted returns that are attractive to investors.
Director, Corporate Communications