News & Events

Dear LP Investors and Friends,

As we entered the year’s third quarter inflation concerns, higher interest rates, supply chain issues, and recession fears continue to weigh on the markets.  Ivy Credit Opportunities Fund, LP (“ICO”)’s portfolio investments continue to perform as expected despite market volatility. The uncertainty in the markets has also created opportunities for Ivy as transactions in private credit are gradually seeing enhanced pricing and more favorable constraints on borrowers in this lender-friendly market.  As banks continue to pull back lending activities in the middle market, private credit firms are taking share this year given certainty of execution, flexibility, bespoke solutions, and consistent capital. An updated portfolio composition for ICO can be found here.

Ivy has also been diligently working on a new credit offering, Ivy Evergreen, and will be sending out detailed information in the near future. The fund has a robust pipeline with healthy amount of new opportunities in strong private credit markets.

If you have any questions regarding this update or your investment, please contact our Investor Relations team at investorrelations@ivyassetgroup.com.

Kindest Regards,

Ivy Asset Group