
HighVista Strategies Closes Second Private Credit Fund at $450M
HighVista Strategies, LLC, an employee-owned boutique firm focusing on alpha-oriented alternative investment strategies, has raised $450 million to invest in private credit deals.
The HighVista Opportunistic Private Credit Fund II will invest in real estate-backed credits, corporate credits and uncorrelated credit opportunities.
“The strong conviction our team brings to opportunistic credit investing, coupled with our team’s experience and pattern recognition, will serve our investors well going forward, and we would like to thank them for their ongoing support,” said Raphi Schorr, Partner and Deputy Chief Investment Officer at HighVista.
“Typically, these are markets that are undercapitalized when compared to direct lending or traditional credit markets, offering the potential for higher risk-adjusted returns for those who can underwrite and structure transactions appropriately,” added Ben Radinsky, Principal at HighVista.
The Boston-based firm was founded in 2004 and manages more than $4 billion for pension funds, endowments and foundations, and family offices.