American Beacon Partners Partners With Pender Capital on Real Estate Credit Fund Distribution

Partnership Marks Significant Step in Expanding Access to Diversification Opportunities Inherent in Commercial Real Estate Debt for Financial Professionals and Investors

American Beacon Partners, a diversified asset management platform with approximately 40 years of experience and more than 30 affiliated and independent manager partnerships, announced today a new strategic partnership with Pender Capital Management, LLC (“Pender Capital”), an investment manager specializing in short-term, senior secured commercial bridge loans for the commercial real estate industry.

As part of the agreement, American Beacon will lead distribution efforts for the Pender Real Estate Credit Fund, putting its expertise and established reach across the wealth management landscape to work on behalf of one of the industry’s most experienced real estate credit managers.

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Greg Stumm, president and CEO of American Beacon Partners, said: “We’ve been watching the demand for alternative income-focused strategies continue to grow, especially in market areas that offer opportunities for capital preservation and differentiated yield, and we are thrilled to be unveiling this partnership at such a pivotal time. We believe the Pender Capital team has built a best-in-class real estate credit platform, and we look forward to bringing their story and this fund to a broader audience.”

Cory Johnson, co-founder and CEO of Pender Capital, said: “Our team has spent years developing a dynamic approach to real estate credit, and we’ve seen just how important distribution partnerships are for meeting the needs of financial advisors and investors. When you combine our proven track record of prioritizing capital preservation and risk management with American Beacon’s reputation for working closely with the wealth community, it’s easy to see why this is such a natural fit.”

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The Pender Real Estate Credit Fund is a closed-end interval fund focused on commercial real estate debt. The fund seeks to capitalize on market factors – such as reduction-in-lending options that, when coupled with increased borrower demand for short-term loans, creates a compelling investment opportunity for well-capitalized private lenders.

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