• PGIM and LGT Capital Partners announced October 28, 2026, they co-led a US$680 million continuation vehicle managed by Tree Line.
• The vehicle acquired a portfolio primarily comprising senior secured, first-lien loans to more than 60 U.S. lower-middle-market companies.
• The transaction gives existing fund investors a liquidity option while allowing Tree Line to continue managing the private credit portfolio.
• The deal supports plans to deploy up to US$1 billion into private credit secondaries over two years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PGIM Inc. published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.