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

King Street Capital Management, Lumyna Investments
King Street Capital Management and Lumyna Investments have launched the Lumyna – King Street Credit Opportunities Fund, a Luxembourg-domiciled UCITS fund.

The fund has an “opportunistic” mandate that provides access beyond traditional private credit strategies. It allocates money across corporate and asset-based lending, dislocated public credit opportunities, and select distressed situations. 

New York-headquartered King Street, a firm with $28 billion AuM and 30 years of experience, will serve as the investment manager. Lumyna will use its experience as a manufacturer and distributor for the fund.

Lumyna Investments, which is a platform for alternative assets, founded in 2007, is part of Generali Investments and headquartered in London.

S64, Macquarie Asset Management
S64, a global alternatives fintech and solutions partner to the wealth management industry and Macquarie Asset Management, a large infrastructure manager, have just debuted a semi-liquid, open-ended evergreen opportunity targeting energy transition infrastructure for the wealth management industry in EMEA, APAC and Latin America.

Macquarie’s energy transition infrastructure strategy targets investments into technologies that support the global energy transition, the firm said in a statement. It builds and develops operating companies in the energy transition sector, primarily within OECD countries, reflecting the global nature and opportunity set of the market.

Macquarie Asset Management has been investing in renewables since 2005, developing companies, assets, and technologies that aim to accelerate the transition to net zero.

“We believe that energy transition is the largest infrastructure opportunity in our lifetime. As a leading investor in the energy transition, we are well positioned to harness this demand to create compelling investment solutions for our clients. Macquarie’s strategy presents an exciting opportunity for private wealth investors to participate in the energy transition,” Elise Vaudour, head of wealth for MAM green investments at Macquarie Asset Management said.