Griffin Capital launched its Institutional Access Credit Fund, an income-focused global credit solution structured as a ’40 Act closed-end interval fund that is designed to provide individual investors with a portfolio of actively-managed debt securities.

The fund is actively managed by Bain Capital Credit.

The fund’s investment objective is to generate both current income and capital appreciation with low volatility and low correlation to the broader markets. Assets in the Credit Fund’s portfolio may include bank loans, high-yield bonds, structured credit, middle-market direct loans and non-performing loans.

Griffin Capital Asset Management President Randy Anderson said, “We are very pleased to announce the launch of the Griffin Institutional Access Credit Fund. By providing individual investors with access to a portfolio of institutional, diversified credit instruments that draws upon the expertise and investment management skills of Bain Capital Credit, we are potentially enabling ‘main street’ investors to capitalize on opportunities for income generation and capital appreciation that have previously been available only to large institutions.”

Bain Capital Credit Managing Director and Chief Operating Officer Jeffrey Hawkins said, “The Griffin Institutional Access Credit Fund represents the first fund that leverages the Bain Capital Credit platform to work for individual investors. We could not have chosen a more experienced or knowledgeable partner than Griffin Capital to make this offering possible. Its ability to develop and manage institutional portfolios for individual investors has been crucial to this process, and we are excited to work with them in an advisory capacity again in the future.”

Griffin Capital is a privately held, Los Angeles-headquartered investment and asset management company with a 22-year track record sponsoring real estate investment vehicles and managing institutional capital.