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Home News

Forge Trust Expands Client Access to Private Credit through Percent

byBrianna Wilson
October 25, 2024
in News

Percent, a platform powering the modern private credit marketplace, is making its services available to Forge Trust clients, a custodian for alternative assets. This offering is aimed at enabling Forge Trust’s IRA holders to invest in Percent’s private credit opportunities._x000D_
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“Amid ongoing economic uncertainty and market volatility, private credit continues to offer the potential for higher yields, recurring income and shorter-duration deal opportunities that attract a wide range of investors, from institutions and family offices to a growing number of retail investors,” Nelson Chu, founder and CEO of Percent, said. “Through Forge Trust, we are able to provide self-directed IRA holders who are accredited investors expanded access to a largely untapped lower-to-middle-market segment of private credit, which has consistently outperformed larger market opportunities.”_x000D_
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“Diversification is crucial for building a successful retirement fund, and we believe alternative investments unlock opportunities to strengthen portfolios for potential long-term growth,” Iain Kennedy, president of Forge Trust, said. “Percent’s offering enables our IRA holders to access seamlessly and with confidence all types of alternative investments, including private credit.”

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