The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

HSBC Asset Management
HSBC Asset Management has launched its first evergreen strategy â€“ Horizon Private Equity â€“ to expand access to private equity opportunities for a range of investors.

Built on an open-ended structure, Horizon provides investors with exposure to institutional-quality private equity opportunities, while offering more flexibility than traditional closed-ended strategies. It does this through more frequent access to capital, a shorter investment horizon, and a lower entry point.

The strategy focuses on high-conviction secondary and co-investment opportunities, enabling faster capital deployment, broader diversification, and greater liquidity than typical primary structures.

Anchored by HSBC’s institutional capital, Horizon enables investors to access a portfolio through a single investment with exposure to 10,000 underlying companies valued at over $477 million. The portfolio is globally diversified across vintage and sectors including IT, healthcare, consumer discretionary and financials, amongst others.

Horizon is aimed at eligible private wealth and institutional investors across the UK and Europe, Asia, and the Middle East. It complements the firm’s private markets offering, which already includes Vision, its closed-ended annual vintage series across private equity, impact and venture capital. HSBC AM has a long track record of providing private wealth clients with access to alternative asset classes, including through its continued partnership with HSBC Private Bank.

The strategy will be managed by HSBC AM’s Private Markets team, comprising 31 professionals with an average of 20 years of senior investment experience across Europe, the US, and Asia. 

The launch of Horizon, which marks an expansion of HSBC AM’s private markets capability, builds on the momentum in recent years of its alternatives business, including the rapid growth of its alternative credit platform and the expansion of its real estate capabilities in Asia. 

Hamilton Lane
Private markets investment firm Hamilton Lane has launched the Hamilton Lane Global Private Secondary Fund, an evergreen investment vehicle focused on the secondary market.

The fund is available to high net worth investors and their advisors, and institutional investors in parts of Europe, the Middle East, Asia, Latin America and Canada. Driven by investor demand, the fund has reached commitments for more than $365 million in assets under management, nearly doubling the launch target size, the firm said in a statement.

HLGPS aims to provide investors with long-term capital appreciation by building a diversified portfolio of secondary investments. The fund offers access to high-quality private market investments diversified across strategies, industries, vintages and geography in a single fund with quarterly limited liquidity. The strategy focuses on high-quality middle market buyout funds and assets, with significant near-term distribution potential.

MSCI
Index provider and investment data group MSCI has launched a solution that helps clients understand long-term risks of private credit, an expanding asset class. 

The New York-listed group said it is responding to investors’ lack of data and insights around the asset class. 

The Private Credit Factor Model integrates private credit into the systematic, factor-based framework that forms the basis of modern portfolio management, MSCI said in a statement yesterday   

“Over the past decade the explosive growth in private credit, driven by investors’ search for yield and structural shifts in capital markets, has outpaced the tools needed to manage it. And institutional investors such as pension funds are being asked by plan participants, boards and other stakeholders to shed light on these often-opaque assets,” it said. 

“Private credit requires enhanced analytical tools and insights as it plays an increasingly important role in diversified investment portfolios,” Luke Flemmer, head of private assets at MSCI, said. “By bringing transparency and consistency to private credit risk, MSCI’s model supports smarter decision-making and enables investors to better understand how these assets contribute to overall portfolio risk and resilience.”