Private Credit Firm Invico Calls Investors to Manage Exodus Risk

Private credit manager Invico Capital Corp. has crafted a plan for one of its funds to deal with redemption requests from large investors, as firms face elevated withdrawal pressure across the broader market.

The Calgary-based firm, which oversees roughly C$4 billion ($2.9 billion) of assets in Canada and the US, said it reached out to investors who had asked to pull money from its Invico Diversified Income Fund. It then adopted what it calls a “structured liquidity management plan” this month, which it says allows for withdrawals while protecting the fund’s value for remaining investors.