Park Square Capital is an experienced option for private equity. With over $17 billion in assets under management and more than 120 professionals spread across eight global offices, the firm has been a major player in private credit for two decades. Now, with the launch of its Credit Partners Evergreen fund, it's opening the doors to a broader base of professional investors—without compromising on institutional quality.
Why this fund stands out
Unlike traditional private debt funds that operate with lockups and fixed terms, Credit Partners Evergreen offers a semi-liquid, open-ended structure. That means monthly subscriptions and quarterly redemptions, while still providing access to the kind of senior secured credit deals Park Square is known for.
The focus is clear: large, private equity-backed companies in Europe and the U.S., particularly in sectors like healthcare, technology, industrials, and business services. These are stable, cash-generative businesses backed by strong sponsors—and Park Square has long-term relationships that give it direct access to this deal flow.
How to Invest in Park Square Capital – Credit Partners Evergreen
Park Square Capital's Credit Partners Evergreen fund is currently closed to new investments, but interested investors can still reach out directly to the manager for more information via the fund's official page.
Launched in 2019, the fund is domiciled in Luxembourg and designed for professional investors looking for access to institutional-quality private credit. The minimum investment is €100,000, and it accepts contributions in both EUR and USD.
The fund charges a 0.65% management fee and includes a 10% performance carry. While there is no published target or realized return, the strategy focuses on senior secured credit in large sponsor-backed companies.
In terms of liquidity, it offers monthly redemptions with 90 days' notice, subject to dual redemption gates, placing it in the semi-liquid category. This structure aims to balance investor access with the long-term nature of the underlying credit exposures.
For those interested, keeping in touch with the manager directly is the best way to stay informed on future availability.
What's in the portfolio?
The fund primarily invests in senior debt, offering strong downside protection and steady cash yields. It's designed to sit in portfolios as a core income generator, with low volatility and limited exposure to public market swings.
Park Square's investment process is rigorous. The firm uses a bottom-up underwriting approach, supported by a central investment committee that reviews every deal. No passive exposure. No reach for yield.
Structure & Liquidity
Credit Partners Evergreen is a sub-fund of Park Square Capital Credit Investments SCSp, SICAV-RAIF, based in Luxembourg. The structure is built for long-term investors but with more flexibility than traditional closed-end vehicles. Liquidity is offered quarterly, with gating mechanisms in place to preserve fund stability.
The Managers
Management Team:
•Robin Doumar – Founder and Managing Partner, previously led European leveraged finance at Goldman Sachs.
•Osvaldo Pereira – Partner with deep experience in private credit and portfolio construction.
•The broader team includes seasoned professionals in credit analysis, origination, and risk management.
Robin Doumar, founder and Managing Partner at Park Square Capital, recently spoke with Bloomberg about how disciplined, selective credit managers are well-positioned for a potential default cycle. He also highlighted how junior capital is playing a bigger role as rising interest rates reshape the lending landscape.
Why it matters in 2025
In today's environment—marked by higher-for-longer rates, tighter credit, and ongoing macro uncertainty—allocators are looking for stable, predictable income without taking equity-level risk. This fund ticks that box. It's backed by a seasoned manager, built for professional investors, and offers access to private credit markets that are increasingly hard to reach directly.
Why it matters in 2025
Who should consider it?
This fund is a fit for investors who:
•Want consistent income without chasing yield
•Are comfortable with limited liquidity in exchange for better return potential
•Prefer a known, seasoned manager over a start-up fund
•Are building a core allocation to private credit
See More Details About:
Park Square Capital – Credit Partners Evergreen
Discover how Park Square Capital's Credit Partners Evergreen fund provides investors with access to a diversified portfolio of senior secured loans and opportunities in the European private debt market.
View Fund Details