Fundraise / Fund closePrivate Credit30/07/2025

Brinley Partners receives additional US$4 billion insurance commitment

British Columbia Investment Management →

On July 30, 2025, BCI announced that private credit manager Brinley Partners, originally seeded through BCI's Principal Credit Fund, secured an additional US$4 billion commitment from a large US insurer. The financing was intended to support Brinley's first collateralized loan obligation program, beginning with a proposed US$1 billion vehicle. Brinley had previously closed its Private Debt Fund I in 2021 with about US$3 billion of total capital including leverage. The new insurer commitment was to Brinley, not a new US$4 billion direct commitment made by BCI. BCI's initial seeding amount was not stated.