Privacore Asset-Backed Credit Fund secures additional $100 million seed commitment from GE Pension Trust

• Privacore Capital raised USD 100 million in seed capital from General Electric Pension Trust for the Privacore VPC Asset Backed Credit Fund.
• Deployable seed capital for the interval fund rose above USD 350 million, backed by multiple strategic investors including GEPT, CNO Financial Group, Corbin Capital Partners.
• The fund targets current income from private asset-backed credit; Victory Park Capital acts as sub-adviser.
• Shares trade under tickers ABFIX, ABFDX, ABFSX; quarterly repurchases are offered at net asset value.

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