Axxes Capital, a private markets investment firm, has announced the launch of the Axxes Opportunistic Credit Fund, an SEC-registered interval fund designed to offer investors exposure to opportunistic credit including stressed/distressed, special situations, structured credit and hard assets.
The Axxes Opportunistic Credit Fund is sub-advised by Greywolf Capital Management, a $3.3 billion credit-focused investment firm with a long track record of navigating complex and dislocated markets.
“This launch marks an important step in our mission to make institutional-quality private market strategies accessible to a broader set of investors,” said Joseph DaGrosa, founder, chairman and CEO of Axxes Capital. “The Axxes Opportunistic Credit Fund was specifically designed for wealth advisers and their clients who want access to opportunistic credit without the complexities of traditional private fund structures.”
The Axxes Opportunistic Credit Fund seeks to delive