Ivy Asset Group, an established private credit manager based in Charleston, South Carolina, recently announced that its Ivy Evergreen Fund has surpassed $100 million in assets under management (AUM).
Launched in 2023, the Ivy Evergreen Fund offers asset-based and cash-flow loans to lower middle-market companies with $3 million to $30 million in EBITDA. And the fund’s portfolio is diversified across product types, borrowers, and industries to mitigate risk.
Ivy believes the fund’s growth validates investor confidence at a time when the traditional 60/40 portfolio may no longer deliver the stability and returns investors require.
The Ivy team’s industry relationships and proprietary deal sourcing drove consistent growth, enabling access to less competitive market segments beyond traditional private equity-sponsored lending. And this approach helps Ivy seek to secure more favorable origination terms for its portfolio.
As companies increasingly turn to non-traditional financing options, Ivy seeks to identify and execute on overlooked opportunities that larger institutions may ignore, aligning with the growing investor demand for specialty finance and opportunistic credit strategies.
The Ivy Evergreen Fund is available to qualified clients through Fidelity Investments, Charles Schwab, and BNY Pershing.
KEY QUOTES:
“Reaching $100 million in assets for the Ivy Evergreen Fund is a testament to our team’s disciplined investment approach and our commitment to delivering value for our investors. We believe our focus on smaller check sizes and shorter durations are key differentiators, especially as traditional bank lending remains constrained for many midsized businesses. Ivy’s niche approach offers both attractive risk-adjusted returns and resilience through economic cycles—precisely what institutional and high-net-worth investors are seeking in today’s uncertain landscape.”
John Hooff, Founder and CEO of Ivy Asset Group
“We’re incredibly proud of this milestone, but we view it as just the beginning. Our focus remains on maintaining investment discipline and client service standards while positioning the fund for continued growth.”
Matt Taylor, Director of Investments
