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Deal Pack: M&G Investments

Generated Feb 4, 2026v202602041011Enterprise
AUM
$5B
Strategy
Asset Management
HQ
WASHINGTON, DC, UK
Founded
N/A
Employees
N/A
Ownership
independent

Layer 1: Proprietary Indicators

50
GP Health Score
Moderate
59
Stakeability
Moderate
10
Fund Performance
Weak
80
Talent Stability
Strong
65
Credit Exposure
Moderate
100
Regulatory Breadth
Strong
40
Market Momentum
Weak
40
Growth Trajectory
Weak

Health Score Breakdown

PerformanceTalentCreditRegulatoryMarketGrowth

Component Details

fund performance
10/100Weight: 25%
median irr2.25
benchmark irr11
fund count with irr3
primary strategyDigital Assets
Source: Pension fund performance reports
talent stability
80/100Weight: 20%
current team size165
departed count0
retention ratio1
avg tenure yearsN/A
Source: LinkedIn career histories, team member records
credit health
65/100Weight: 15%
total fair value5293927197
total par14908536
fair value to par pct35509.4
top borrower concentration pct38
Source: BDC 10-K/10-Q portfolio filings (SEC)
regulatory compliance
100/100Weight: 10%
unique jurisdictions7
jurisdictionsADGM,Bermuda,France,Germany,Luxembourg,UAE,UK
active registrations19
total registrations35
Source: FCA, BaFin, AMF, CSSF, ADGM, SEC, entity registrations
market presence
40/100Weight: 15%
news mentions0
conference appearances0
domain rank120805
employer ratingN/A
Source: Market intel, conference records, Tranco web rankings, Glassdoor
growth trajectory
40/100Weight: 15%
aum growth pctN/A
recent job postings0
funds currently raising0
total funds12
Source: Data changelog (AUM), hiring signals, fund filings

Layer 2: Synthesis

Executive Summary

  • M&G Investments shows a moderate overall health profile (score: 50/100) based on analysis of fund performance, team stability, credit exposure, regulatory breadth, market presence, and growth trajectory.
  • Median net IRR across 3 tracked funds is 2.25%, compared to a Digital Assets benchmark of 11.0%.
  • Registered across 7 jurisdictions with 19 active registrations.

Key Strengths

Regulatory

Diversified regulatory footprint across 7 jurisdictions

Secondary Pricing Estimate

78.9%
Avg NAV Pricing
46.0% to 88.5%
Range
8
Funds Priced
Confidence: medium, high, low

Layer 3: Evidence

Fund Performance (50 records)

FundVintageStrategyNet IRRMultipleDPISource
Castle Peak (Lykos Series B) a Series of CGF2021 LLC2025Venture CapitalN/AN/AN/ASEC EDGAR Form D
Franklin Templeton Digital Asset Frontier Fund, Ltd.2025Digital AssetsN/AN/AN/ASEC EDGAR Form D
Gaia Investments, S.L.P.2024N/AN/AN/AN/ACalifornia Public Employees' Retirement System
River City Investments PCC2024otherN/AN/AN/ACalifornia Public Employees' Retirement System
LS Investments C, L.P.2024otherN/AN/AN/ACalifornia Public Employees' Retirement System
Hashnote Long Token Fund LP2024Digital AssetsN/AN/AN/ASEC EDGAR Form D
Pioneer Pier Investments, L.P.2024private_creditN/AN/AN/ACalifornia Public Employees' Retirement System
Fidelity Evergreen Private Credit Master Fund LP2023Private CreditN/AN/AN/ASEC EDGAR Form D
Latrobe Coinvest, L.P.2023gp_searchN/AN/AN/ASEC EDGAR Form D
Fidelity Evergreen Private Credit Offshore Fund LP2023Private CreditN/AN/AN/ASEC EDGAR Form D
Angeles Real Assets Fund 2 LP2023Real AssetsN/AN/AN/ASEC EDGAR Form D
Fidelity Evergreen Private Credit Rated Fund LP2023Private CreditN/AN/AN/ASEC EDGAR Form D
Fidelity Evergreen Private Credit Master Fund LP2023Private CreditN/AN/AN/ASEC EDGAR Form D
Opto Artificial Intelligence Early Stage Venture Fund, LP2023Venture CapitalN/AN/AN/ASEC EDGAR Form D
Fidelity Evergreen Private Credit Fund LP2023Private CreditN/AN/AN/ASEC EDGAR Form D
Angeles Real Assets Fund 2 LP2023Real AssetsN/AN/AN/ASEC EDGAR Form D
KWAN2 Holdings, LLC2023Digital AssetsN/AN/AN/ASEC EDGAR Form D
Fidelity Evergreen Private Credit Offshore Fund LP2023Private CreditN/AN/AN/ASEC EDGAR Form D
Fidelity Evergreen Private Credit Fund LP2023Private CreditN/AN/AN/ASEC EDGAR Form D
Angeles Real Assets Fund 1 LP2022Real AssetsN/AN/AN/ASEC EDGAR Form D

BDC Credit Exposure (20 borrowers)

BorrowerFair ValueParBDCsBDC Names
Total Investments$2.0B$795K10Ares Capital Corp, Blackstone Secured Lending Fund, Capital Southwest Corp, Carlyle Secured Lending Inc, Crescent Capital BDC Inc, New Mountain Finance Corp, Owl Rock Capital Corp, Prospect Capital Corp, Stellus Capital Investment Corp, WhiteHorse Finance Inc
TOTAL INVESTMENTS$1.3BN/A3CION Investment Corp, Monroe Capital Corp, Saratoga Investment Corp
Total Portfolio Investments$914.8M$4403Oaktree Specialty Lending Corp, Prospect Capital Corp, SuRo Capital Corp
Total Investments - 179.1 % of Net Assets$570.5MN/A1BlackRock Capital Investment Corp
Total Investments in Securities (8)$383.1MN/A1Oxford Square Capital Corp
Total Control investments$41.9MN/A2Main Street Capital Corp, Stellus Capital Investment Corp
Total Control Investments$21.5M$11K8Capital Southwest Corp, Fidus Investment Corp, Gladstone Capital Corp, Gladstone Investment Corp, Hercules Capital Inc, Oaktree Specialty Lending Corp, Prospect Capital Corp, Stellus Capital Investment Corp
First Eagle Investment Management$10.1M$10.1M1Saratoga Investment Corp
Investments and Cash Equivalents Total$5.2MN/A2Bain Capital Specialty Finance Inc, Crescent Capital BDC Inc
Investments Total$5.0MN/A1Bain Capital Specialty Finance Inc
Superannuation & Investments US LLC$3.9M$3.9M1Saratoga Investment Corp
Total Debt Investments$2.5MN/A3Goldman Sachs BDC Inc, SuRo Capital Corp, WhiteHorse Finance Inc
Subtotal Debt Investments ( 165.3 %)*$1.9MN/A1Barings BDC Inc
Subtotal Debt Investments ( 155.9 %)*$1.9MN/A1Barings BDC Inc
Investment Vehicles Total$799KN/A1Bain Capital Specialty Finance Inc
Total Affiliate Investments$372K$128K6Capital Southwest Corp, Fidus Investment Corp, Gladstone Capital Corp, Gladstone Investment Corp, Oaktree Specialty Lending Corp, Prospect Capital Corp
Fifth Season Investments LLC$223KN/A1Owl Rock Capital Corp
Fifth Season Investments LLC(26)(27)$202KN/A1Owl Rock Capital Corp
Total Investments - 202.5 %$172KN/A1Logan Ridge Finance Corp
Total Investments - 215.3 %$170KN/A1Logan Ridge Finance Corp

Regulatory Registrations (35)

RegulatorCountryEntityStatusReference
FCAUKInvestments PlcNo longer registered195262
FCAUKM&G Wealth Investments LLPNo longer authorised229445
FCAUKMan Investments LtdNo longer authorised114294
BaFinGermanyJF Investments GmbHInactiveESMA-24497
BaFinGermanyWIP Investments GmbHInactiveESMA-46951
BaFinGermanySGI Investments GmbHUnknown156467
AMFFranceGRAPHENE INVESTMENTSActive23776
AMFFranceRIVAGE INVESTMENTActive16863
AMFFranceMONTEFIORE INVESTMENTActive9945
CSSFLuxembourgAZIMUT INVESTMENTS S.A.ActiveESMA-AIF-17993
CSSFLuxembourgAZIMUT INVESTMENTS S.A.ActiveESMA-UCI-2839
CSSFLuxembourgAZIMUT INVESTMENTS S.A.ActiveESMA-UCI-50982
ADGM/FSRAUAEWaha Investments LtdActive250051
ADGM/FSRAUAEGlobal Investments LimitedWithdrawn190031
ADGM/FSRAUAEShukr Investments LimitedWithdrawn200019
france_rcsFranceKKR PIP INVESTMENTS LPActive912942604
france_rcsFranceKKR SPN INVESTMENTS LPActive912943958
france_rcsFranceINFO INVESTClosed499149995
BMABermudaCLARIEN INVESTMENTS LIMITEDActive
BMABermudaFIL Investment AdvisorsActive
BMABermudaBarnegat Investments Limitedc/o Argonaut LimitedArgonaut House5 Park RoadHamiltonHM 09Standard Fund
BMABermudaMarilla Investment Management Ltd.Active
BMABermudaPancurri Investments Limitedc/o Mayfair Corporate Service Ltd.26 Burnaby StreetHamiltonPembroke HM 11Institutional Fund
BMABermudaMukwa Investments Limited (amal w/36475)Penthouse Level5 Reid StreetHamilton HM 11Institutional Fund
BMABermudaYew Tree Investments Limitedc/o Apex Fund Services Ltd.Vallis Building, 4th Floor55 Par La Ville RoadHamiltonHM 11Institutional Fund
BMABermudaSerendip Investments Limitedc/o Zobec Services Limited21 Laffan StreetHamiltonHM 09Institutional Fund
BMABermudaPoint Investments, Ltd. (In Liquidation)c/o Alexander Management Ltd.Belvedere Building, Ground Floor69 Pitts Bay RoadPembrokeHM08Private Fund
BMABermudaThiel Macro Investments Ltd.c/o Citco Fund Services (Bermuda) LimitedO'Hara House3 Bermudiana RoadHamiltonPembroke HM08Private Fund
BMABermudaGleneagles Investment Fund Ltd.c/o Apex Fund Services Ltd.Vallis Building, 4th Floor58 Par-La-Ville RoadHamiltonHM 11Institutional Fund
ADGM-FSRAADGMRuya Co-Investment I LPActiveF-0180
ADGM-FSRAADGMLunate Direct Investments I LPActiveF-0109
ADGM-FSRAADGMLunate Direct Investments II LPActiveF-0212
ADGM-FSRAADGMMGX I CO-INVESTMENT 2 LPActiveF-0202
ADGM-FSRAADGMMGX I CO-INVESTMENT 3 LPActiveF-0203
ADGM-FSRAADGMMGX I CO-INVESTMENT LPActiveF-0153

Methodology

Weighted composite of 6 dimensions

fund performance: 25% - Median IRR vs strategy benchmark
talent stability: 20% - Team retention ratio + average tenure
credit health: 15% - BDC fair value as % of par + borrower concentration
regulatory compliance: 10% - Number of active registrations, legal filing count
market presence: 15% - News mentions + conference appearances + web traffic rank
growth trajectory: 15% - AUM change + hiring signals + new fund filings
Scale: 0-100, where 70+ is strong, 50-69 is moderate, below 50 is weak
Data Sources: SEC Form ADV filings, Pension fund performance reports (CalPERS, CalSTRS, WSIB, etc.), BDC 10-K/10-Q portfolio filings, FCA, BaFin, AMF, CSSF, ADGM, MAS, SFC regulatory registers, LinkedIn career histories, Market intelligence news aggregation, Conference appearance records, Tranco web traffic rankings, Glassdoor/employer rating platforms, Entity registration databases (Delaware, Cayman, Luxembourg, etc.), Hiring signal aggregation, Lobbying disclosure reports, ESG/PRI signatory data

Deal Pack generated by GP Stakes Intelligence Platform on Feb 4, 2026. Data version 202602041011.

All scores are computed algorithmically and should be used alongside independent due diligence.

Deal Pack: M&G Investments | GP Stakes