Bridging Fern Alternative Credit Fund

Extension of Certain Filing, Delivery and Prospectus Renewal Requirements of Investment Funds

Pursuant to the terms of Ontario Instrument 81-503 Extension of Certain Filing, Delivery and Prospectus Renewal Requirements of Investment Funds, the BRIDGING FERN ALTERNATIVE CREDIT FUND is relying on Ontario Instrument 81-503 Extension of Certain Filing, Delivery and Prospectus Renewal Requirements of Investment Funds in order to extend the delivery deadline for annual financial statements set out in sections 5.1(2) and 5.4 of NI 81-106 by up to 45 days. The original delivery deadline for this funds’ annual financial statements was March 30.

Fund of Funds – Private Credit and Liquid Alternatives

The Bridging Fern Alternative Credit Fund will invest approximately 60% of the portfolio in liquid alternative strategies, such as levered credit, senior loans and low-volatility preferred shares. These strategies invest in securities that are predominantly publicly traded and have daily liquidity. The remaining 40% of the portfolio will be invested in private credit funds that provide private loans to companies that borrow against the value of their inventory, account receivables and other assets.

The strategies and assets of the underlying funds are managed by some of the biggest and most established global managers as well as the most talented Canadian private credit managers. These managers currently include: BlackRock, Morgan Stanley, Algonquin Capital, Next Edge Capital and Purpose Investments.

Fund Name Firm Name Strategy
Liquid Credit
BlackRock Multi-Strategy Credit Fund BlackRock Asset ManagementCredit Multi-Strategy
Algonquin Debt Strategies Fund Algonquin Capital Corporation Credit Long/Short
Dynamic Credit Absolute Return Fund 1832 Asset Management LTD Credit Opportunistic
Purpose Credit Opportunities Fund Purpose Investments U.S. Corporate Credit
Private Credit
BlackRock Direct Lending Fund BlackRock Asset Management Private Credit
Morgan Stanley Direct Lending Fund Morgan Stanley Private Credit
Next Edge Private Debt Fund Next Edge Capital Corp Private Credit

Fund Highlights

  • Underlying funds include some of the largest and most established global managers as well as the most pedigreed domestic managers in the credit landscape
  • A diversified credit strategy with exposure to liquid alternatives and private credit
  • Low correlation to traditional equity and fixed income asset classes
  • Low absolute volatility
  • Expected above average return in low interest rate environment
  • Experienced, deep credit team at Bridging Finance
  • Registered Plan Eligible
  • Offering USD classes
  • Monthly distributions

Additional Information

Dealer Services:
SS&C Commonwealth
Phone: 1-416-361-4561 | is@commonwealthfundservices.com

Sales and Marketing:
Ian Baele
Senior Vice President, Sales
P: (416) 640-8965
C: (416) 937-7641
E: ibaele@bridgingfinance.ca

Scott Miller
Director, Sales
P: (647) 984-7524
E: smiller@bridgingfinance.ca

FundServ  codes

Class A – BRF 2500A
Class F – BRF 2500F
Class UA ($USD) – BRF 2500U
Class UF ($USD) – BRF 2500V

Prices (Mar 31, 2021)

Class A – $109.57
Class F – $106.55
Class UF ($USD) – $101.43

Fund Documents

English version

pdf1 Monthly Report – [Class A] [Class F]

pdf3 Subscription Document

january_report Offering Memorandum

 

Electronic Documents
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CONTACT INFO

Toronto Office
77 King Street West
Suite 2925. P.O. Box 322
Toronto, Ontario
M5K 1K7

P: 416-362-6283
P(Toll Free): 1-888-920-9598
P(Toll Free): 1-888-920-9599
Email: inquiries@bridgingfinance.ca

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GET IN TOUCH

The Fund is generally exposed to the following risks. See the offering memorandum of the Fund for a description of these risks: Speculative Investments; Limited Operating History for the Partnership; Distributions and Allocations; Class Risk; Possible Loss of Limited Liability; Repayment of Certain Distributions; Limited Partners Not Entitled to Participate in Management; Dependence of Manager on Key Personnel; Reliance on the Manager; Possible Effect of Redemptions; Tax Liability; Charges to the Partnership; Potential Indemnification Obligations; Not a Public Mutual Fund; Changes in Investment Strategies; Valuation of the Partnership’s Investments; Lack of Independent Experts Representing Limited Partners; No Involvement of Unaffiliated Selling Agent; General Economic and Market Conditions; Illiquidity of Underlying Investments; Credit Risk; Impaired Loans; No Insurance; Joint Ventures and Co-Investments; Litigation; Fixed Income Securities; Equity Securities; Possible Correlation With Traditional Investments; Idle Cash; Currency Risk; Concentration.

The Bridging Mid-Market Fund LP is offered on a private placement basis pursuant to an offering memorandum and is only available to investors who meet certain eligibility or minimum purchase amount requirements under applicable securities legislation. The offering memorandum contains important information about the Fund including its investment objective and strategies, purchase options, applicable management fees, performance fees, other charges and expenses, and should be read carefully before investing. Performance data represents past performance of the Fund and is not indicative of future performance. Data based on performance history of less than five years may not give prospective investors enough information to base investment decisions on. Please contact your own personal advisor on your particular circumstance. This communication does not constitute an offer to sell or solicitation to purchase securities of the Fund. The information contained herein does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should contact their financial advisor to determine whether securities of the Fund may be lawfully sold in their jurisdiction. Bridging Finance Inc. is the manager of the Bridging Mid-Market Debt Fund LP.