HighVista Strategies has held a final close of its HighVista Opportunistic Private Credit Fund II.
HighVista closed on $450 million of capital for Fund II and related entities, exceeding the target for the fundraise. Fund II had strong support from existing clients including pension funds, endowments and foundations, and family offices.
Continuing with the strategy that HighVista pursued in its predecessor credit fund, Fund II will take a multi-strategy approach and invest in real estate-backed credits, corporate credits, and uncorrelated credit opportunities. HighVista has experience investing in a broad range of specialized credit markets, several of which have become more attractive in the current economic environment.
“HighVista invests in hard-to-access and dislocated areas where our significant experience, domain expertise, and execution capabilities help us identify bespoke lending opportunities,” said Ben Radinsky, principal at HighVista. “Typicall