Nomura Holdings (NMR) and CC Capital-backed Aventus launched Misura Asset Management, a joint venture focused on securitized products and private credit.

"This partnership brings together the flexibility and capabilities of a specialist investment manager with the sourcing reach of a global investment bank to create a highly differentiated credit platform," Chinh Chu, founder and senior managing director of CC Capital and executive chair of Aventus, said Thursday in a statement.

The platform is expected to launch with about $1 billion raised from global institutional investors, Bloomberg News reported Thursday, citing people familiar with the matter.

Misura operates a dedicated US Securities and Exchange Commission-registered investment adviser, Aventus said.

Andrew Rabinowitz serves as CEO of Misura.

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