FundRock to support new RAIF for NRP MAM

FundRock, the Luxembourg-based third-party ManCo and AIFM owned by Apex Group, has supported the launch of NRP Maritime Asset Management’s (NRP MAM) Premium Maritime Credit Fund. FundRock will act as AIFM and deliver FX services via Apex Group subsidiary EDB. Premium Maritime Credit Fund, a Luxembourg-domiciled RAIF, reached first close in January 2022, raising USD110m, and is targeting its next closing at a target of USD200m before year-end. NRP MAM is based in Norway.

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