AFA Rebrands Private Credit Fund to Emphasize Asset-Based Lending Strategy
Alternative Fund Advisors (AFA) announced the renaming of its flagship AFA Private Credit Fund to the AFA Asset Based Lending Fund (AMCLX) in a move designed to help investors quickly recognize the fund’s focus in an increasingly crowded private credit landscape.
“Asset-based lending is increasingly viewed as the next frontier of private credit,” said Marco Hanig, CEO of AFA. “As investors seek to diversify their private credit portfolios, asset-based lending presents an attractive alternative to corporate direct lending.”
The fund will maintain its focus on loans to lower-middle market borrowers, working primarily with boutique lending platforms. Hanig emphasized that the fund targets ecosystems where specialized borrower needs and lender expertise align to create less competitive, niche lending opportunities with the potential for strong risk-adjusted returns.
The name change reflects both a growing institutional focus on ABL and the firm’s belief in its long-term potential within diversified private credit allocations.
