LNC Unveils Private Market Funds to Meet Clients' Investment Needs

Core Insights - Lincoln National Corporation (LNC) has partnered with Bain Capital and Partners Group to launch two private markets-focused funds, expected to be available by late 2025 [1][2][3] Group 1: Fund Offerings - The partnership with Bain Capital will result in an evergreen fund focused on a globally diversified portfolio of private credit investments, including direct lending, asset-based finance, and structured credit [2] - The collaboration with Partners Group will introduce an evergreen fund aimed at providing exposure to a diversified private markets royalty portfolio, utilizing a relative value strategy across established and emerging sectors [3] Group 2: Strategic Benefits - The launch of these funds reflects Lincoln National's commitment to meet evolving investment needs, enhancing direct private market investment opportunities for clients [4] - The new offerings are expected to increase sales for Lincoln National, contributing positively to its solutions portfolio [6] Group 3: Market Context - There is a growing demand for private market investments among individual investors seeking strong returns and diversification, making Lincoln National's announcement timely [5]