Value-Oriented Private Equity, Private Credit and Secondaries

Felicitas Global Partners is an alternatives investment firm headquartered in Pasadena, California that manages capital from an institutional base of asset management firms, foundations, family offices, and private wealth managers. Felicitas specializes in the management of portfolios of value-oriented opportunities across secondaries, private credit and private equity investments.

The Felicitas Private Markets Fund (FPMIX) is a a 1940 Act, closed-end tender offer fund that seeks to invest in a portfolio of private market offerings. Traditionally, access to these investments have only been available to institutional investors through high-minimum, complex and paperwork-laden private placement vehicles. Today, the Felicitas Private Markets Fund provides accredited investors access to such investments with a quarterly NAV, an intended quarterly repurchase program, no performance fees and simple 1099 tax reporting.

The Fund seeks to buy assets at below market prices in “off-market” transactions with a focus on buying directly or through partnering with fund managers that are aligned in investment philosophy. It targets distressed situations not distressed companies. Through a rigorous and streamlined investment process, the Fund aims to deliver consistent returns to investors through various market conditions, by targeting (1) value-oriented opportunities with downside protection through credit-like structuring and (2) the ability to achieve alpha through equity upside.