HighVista Strategies LLC, a Boston-based investment firm managing over $4 billion of capital, has closed its HighVista Opportunistic Private Credit Fund II LP at $450 million of capital, exceeding its original target.
Fund II looks to invest in real estate-backed credits, corporate credits and uncorrelated credit opportunities. The fund received support from existing clients including pension funds, endowments and foundations and family offices. HighVista has experience investing in a range of credit markets, several of which, HighVista claims, have become more attractive in the current economic environment.
“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,” says Raphi Schorr, partner and deputy chief investment officer at HighVista.