Nomura Private Capital Launches Debut Alternative Income Fund

Nomura Holdings-backed credit asset manager Normura Private Capital has launched its first investment product, the Nomura Alternative Income Fund (NAIFX). The fund marks a significant milestone in Nomura’s global push into private markets with an initial $100 million to seed this fund.

NAIFX is a closed-end interval fund that provides exposure to private and public credit markets. The fund, which is led by Matthew Pallai, CIO of NPC, will invest most assets both directly and indirectly through investment vehicles across global credit markets, including direct lending, real estate lending, specialty finance and asset-based lending.

“We aspire to become a partner of choice to our clients in supporting the shift from public to private markets and are excited about the opportunities for our clients and for Nomura,” said Robert Stark, Nomura’s Head of Investment Management in the Americas.

With the launch of NAIFX, New York-based NPC will expand the options for registered investment advisors, bank and trust departments, and family offices to access private credit. NAIFX is now live, and the team has begun to engage actively with its current and future partners.