Garrington Private Credit
Private credit,
made liquid.
Senior secured lending to North American businesses, digitized for eligible institutions. A ten-year Garrington Capital strategy, now open through a single share with daily pricing and 24/7 redemption.
Ecosystem partners
- APY
- 10.2%
- TVL
- $5m
- Instant liquidity
- 20%
Ten years of consistent,
risk-adjusted returns.
Garrington lends senior secured, always against tangible collateral it can value, monitor and realize, at conservative advance rates. That discipline delivers steady returns with low volatility, consistently ahead of the public credit indices.
- 25+ yrs
- Garrington lending experience
- $5bn+
- Funded since 1999
- 10 yrs
- Strategy track record
- June 2015
- Strategy inception
One fund, two ways to hold it.
You may hear these called tokens. A token is just a digital share. Issuing a fund share digitally lets it settle and move on its own. The tags below, xGPC and eGPC, are those two tokens.
The private token
Locked to approved investors. Every wallet is checked and cleared before it can hold or trade, so the fund stays inside its regulated home.
- Who holds it
- Approved institutions only
- Where it trades
- Private, permissioned markets
- Why it matters
- A regulated home that markets can trust
The open token
Free to move across any market. Anyone can hold it, and it is fully backed one-for-one by the private token locked away. This is where it spreads.
- Who holds it
- Anyone with a wallet
- Where it trades
- Open public markets: Raydium, Jupiter, Kamino
- Why it matters
- Reach the fund could never license into
GPC, in detail.
The full token specification, on the record. Every figure as at 31 May 2026.
- Token
- xGPC permissioned share class plus eGPC, transferable, issued 1:1
- Eligibility
- Qualified, accredited, non-US investors. KYC at subscription and redemption
- Strategy
- Senior secured lending on tangible assets in North America, at conservative advance rates
- Underlying assets
- Short-dated private loans on receivables, inventory, equipment and real estate
- Allocation
- 80% Garrington Strategy · 20% Dollar GOVY (Archax, FCA-regulated)
- Liquidity
- 20% instant, 24/7 · 50% in 30 days · 100% in 90 days
- Transferability
- Moves freely wallet to wallet, ready for lending, pools and treasury use
- Backing & security
- 1:1 matched by xGPC in reserve, with on-chain proof of reserve
- Pricing
- Daily oracle price on the underlying loan and Dollar GOVY valuations. Income compounds into NAV
- Issuance
- Released in tranches · initial tranche ~$50M
- Target net return
- 8–9% pa net USD, net of all fees and expenses
- Fees
- 1.50% fund · 0.25% token (placeholder) · 1.75% disclosed load. All returns shown net of fees
- Fund & administrator
- Garrington Private Credit Fund II · Administrator: Catalyst
- eGPC issuer
- RainFin (Pty) Ltd · Cat I FSP and licensed CASP (FSP 45756)
- Minimum investment
- Primary: per subscription documents · Secondary market: none
Security, yield and liquidity,
in one share.
Liquidity & flexibility
Redeem 20% of NAV any time, then 50% within 30 days and 100% within 90 days.
Daily pricing
A daily oracle price from the loans and the Dollar GOVY holding. Income compounds into NAV, and NAV is the share price.
Two-share structure
xGPC is the fund's regulated share class, and eGPC is issued against it one-for-one for lower counterparty risk.
Access to private credit
Senior secured lending against tangible assets, aiming for steady returns with low correlation to public markets.
Security & regulation
Issued under regulated licences. Every eGPC is backed one-for-one by xGPC, held by an independent Security Agent.
Built for DeFi
Freely transferable and oracle-priced at NAV, with on-chain proof of reserve. Ready for lending and liquidity pools.
Always liquid. Fully redeemable
within 90 days.
Move across the chart to watch the queue settle over time.
Redemption queue
First in, first out, at NAV
2/10
settled
Positions are transferable, so sell yours and the buyer keeps its place in line. As the queue draws down, the Fund manages the sleeve back to 80/20.
- 0x7a…3f180,000Paid
- 0x21…9c95,000Paid
- 0xbe…04240,000Queued
- 0x5d…e760,000Queued
- 0x93…a1145,000Queued
- 0x0c…7b320,000Queued
- 0x4e…a2210,000Queued
- 0xd1…8f75,000Queued
- 0x9b…c3410,000Queued
- 0x2f…6d120,000Queued
How Garrington lends.
Six secured books, diversified by borrower, sector and collateral. Every loan is backed by assets Garrington can value, monitor and realize.
Asset-based lending
Revolving facilities secured against receivables, inventory and equipment
Lender financing
Facilities to specialty lenders, secured against their underlying loan books
Specialty financing
Niche secured lending built on deep sector expertise
Real estate financing
Short-term loans secured against real estate assets
Equipment financing
Loans and leases secured against income-producing equipment
Factoring
Purchase and custody of factored receivables, treated as first position
Access the fund.
GPC is offered to qualified and accredited eligible investors. Reach out for the term sheet and subscription documents.
For discussion only. Not an offer, nor a solicitation to buy or sell any security. Any offer is made only by delivery of Subscription Documents and final Terms and Conditions to eligible investors. Past performance is not a guide to future results; target returns are forward-looking, not guaranteed, and may not be achieved.
GPC fund details
Coming soon