PIMCO launches a Diversified Private Credit Fund
30 APR, 2025
By Jose Luis Palmer from RankiaPro Europe
PIMCO has announced the launch of the PIMCO Diversified Private Credit Fund (DPC Fund), an evergreen private credit strategy focused on multi-sector private lending.
The DPC Fund is structured as a Luxembourg-domiciled SCA, qualifying as a Part II UCI fund. It will be managed by a highly experienced PIMCO investment committee, averaging 22 years in the multi-sector private lending space, including Dan Ivascyn, Managing Director and Group Chief Investment Officer, as well as Kristofer Kraus and Mathieu Clavel, both Managing Directors and Portfolio Managers.
PIMCO’s semi-liquid DPC Fund aims to provide wealth investors across Europe with access to a diversified investment universe, encompassing private loans backed by tangible assets, residential mortgages, consumer credit, corporate credit, and commercial real estate loans. Loans backed by tangible assets include consumer credit (such as auto, equipment or home loans), non-consumer credit (including aircraft financing and data infrastructure), and residential mortgage loans.
The DPC Fund will adopt a diversified, relative-value approach across these assets, aiming to build a downside-protected portfolio that can generate both income and long-term capital appreciation.
The rapid growth of private markets is creating dynamics similar to those in which we have identified structural alpha in public markets over the past 50 years. The opportunity in private credit lies in asset-based lending, real estate debt, and flexible, value-oriented investment strategies.
The DPC Fund will provide wealth investors with access to a full range of asset classes, combined with PIMCO’s proven alternative credit and private strategies platform. This launch marks a significant step in the evolution of our semi-liquid, income-oriented solutions, delivering a unique and holistic approach to private credit. We are proud to bring this compelling evergreen strategy to the European wealth market.
Christian Stracke, Managing Director, President of PIMCO, and Global Head of PIMCO’s Credit Research Group.
The strategy is part of PIMCO’s $191 billion alternatives investment platform, which includes $162 billion in assets under management across alternative credit and private strategies.
