BOSTON, April 2, 2025 -- Alternative Fund Advisors ("AFA") today announced that the AFA Private Credit Fund has been renamed AFA Asset Based Lending Fund (AMCLX) to help investors quickly recognize the fund's strategy amid the growing number of private credit options available in the market.
Asset-based lending is increasingly viewed as the next frontier of private credit, says Marco Hanig, CEO of AFA
"Asset-based lending is increasingly viewed as the next frontier of private credit," says Marco Hanig, CEO of Alternative Fund Advisors. "As investors seek to diversify their private credit portfolios, asset-based lending presents an attractive alternative to corporate direct lending."
The AFA Asset Based Lending Fund focuses primarily on loans to lower middle market borrowers served by boutique lending platforms. "We believe that ecosystems of borrowers with specialized needs and lenders with unique expertise are less heavily competed and may provide opportunities for attractive risk-adjusted returns," Hanig added.
About Alternative Fund Advisors
Alternative Fund Advisors is the investment manager of the AFA Asset Based Lending Fund (AMCLX), a closed-end interval fund that enables accredited investors to access private credit with the convenience of a registered fund. The Fund has been in operation since June of 2021 and has $240 million in assets.
To learn more, please visit www.alternativefundadvisors.com.
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