Carne Group and Arcmont AM receive FCA approval for private credit LTAF launch

Investment Week

According to the regulator’s Financial Services Register, the authorisation became effective on 11 June, with the LTAF named CG Arcmont LTAF, while its sub-fund has been called CG Arcmont Private Credit Europe LTAF. Arcmont Asset Management is a private debt asset manager, which was acquired by Nuveen in 2023. It has offices in London, New York, Paris Munich, Madrid, Milan, Stockholm and Luxembourg. Nuveen promotes president William Huffman to CEO Carne Group provides UCITS and non-UCITS management services, as well as alternative investment management and authorised corporate dire…

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