BC Partners Opportunistic Credit Interval Fund (SOFIX)

February 5, 2026

Market Opportunity

Opportunistic credit strategies continue to experience secular tailwinds, driven by the retrenchment of traditional lenders, increased demand for bespoke financing, and elevated dispersion in credit markets.

BC Partners views the current uncertain macro environment as a particularly attractive backdrop for credit deployment, with growing dislocations across both primary and secondary markets in both public and private credit.

BC Partner’s SOFIX strategy targets more complex investments in less trafficked segments of the credit market. These investments can include bespoke capital solutions for non-sponsor middle-market borrowers, specialty lending (e.g. equipment leasing, aircraft finance, NAV-based loans, etc.), and dislocated or stressed investments in mispriced publicly traded senior secured credits.

With rising capital needs among borrowers and uneven capital availability, the macro environment presents a favorable landscape for credit managers with origination capability, flexible mandates, and underwriting discipline.

Background of Firm

BC Partners Credit is part of BC Partners, a global private investment firm founded in 1986 with over $40 billion in assets under management. The BC Partners Credit platform started in 2017 and manages over $8.7 billion across private lending, opportunistic credit, and various asset-backed investments.

SOFIX is the evergreen version of BC Partners Credit’s Special Opportunities Funds. The BC Partners Credit team includes 49 investment professionals with deep expertise in sourcing, underwriting, and managing credit investments through various credit cycles.

Strategy

SOFIX pursues an “all-weather” opportunistic credit strategy targeting high risk-adjusted returns through three strategies: 1) private lending and structured equity; 2) specialty lending; and 3) dislocated liquid credit.

SOFIX focuses on downside-protected lending opportunities in the U.S. and European middle markets, with flexibility to rotate capital across public and private markets depending on relative value.

Learn More

Visit BC Partners to learn more about SOFIX.

2261 Market Street, Suite 5190
San Francisco, CA 94114

hello@ivyinvest.co

Full Disclosures

The Institutional Investment Strategy Fund ("IISF" or "Fund") is an investment company registered under the Investment Company Act of 1940. IISF is a closed-end fund operating as an interval fund that makes quarterly repurchase offers and as such provides limited liquidity. The fund commenced operations on March 5, 2024. An investor should consider the investment objective, risks, charges and expenses of an investment. The Prospectus contains this and other information. Read it carefully before investing.