PRIVEST Plus

PRIVEST Plus is an Insurance Company Separate Account organized under a group annuity contract. It is a commingled vehicle that has been in existence since 2004 and focuses on high quality, high yield private placement investments. PRIVEST Plus is only available for investment by qualified U.S. pension plans.
 
Benchmark: BofA Merrill Lynch BB-B U.S. High Yield Constrained Index


Strategy

  • BB+ focus (Lower Investment Grade, High Yield and  up to 10% “distressed” sleeve)
  • Focus on fixed-rate U.S. traditional private placements to middle-market issuers (full call protection)
  • Industrial concentration


Terms

  • Open-ended commingled insurance company separate account
  • Quarterly contributions / Withdrawals

Value Proposition