Privacore Capital

Privacore Capital

Privacore Capital operates as a manager of managers, curating alternative investment strategies from institutional general partners and repackaging them for the US private wealth market. The firm runs two product platforms: AltsGrow, a multi-manager vehicle, and AltsABF, which focuses on asset-backed credit. Janus Henderson Investors is an affiliate, launching a private asset-backed credit interval fund with Privacore Capital and Victory Park Capital. The firm’s deployment spans private equity and venture capital, private credit, and real assets. AltsGrow functions as a diversified fund-of-funds, allocating to buyout, growth equity, and venture strategies. AltsABF targets asset-backed lending, reflecting a broader industry shift toward yield-oriented private credit products for high-net-worth individuals. Geographic focus is primarily North America, with underlying managers investing across the US and Europe. Janus Henderson and Privacore Capital announced the launch of their first interval fund with Victory Park Capital, targeting private asset-backed credit. The firm’s distribution architecture relies on partnerships with financial advisors rather than direct institutional sales, positioning AltsGrow and AltsABF as building blocks for advisor-led portfolios. Headquarters are at 1411 Broadway in New York. Privacore Capital’s structure merges fund-of-funds curation with product manufacturing: it selects GPs and then packages their strategies into regulated wrapper vehicles. This differs from pure feeder funds by embedding manager selection, due diligence, and ongoing monitoring into a single access point, while relying on an asset management affiliate for distribution and product structuring.