Lloyd’s has revealed details of a new US Direct Lending Fund that will be available on the Lloyd’s Investment Platform. Canopius, alongside the Lloyd’s Central Fund, will provide cornerstone investment for the launch of the fund. Schroders Capital, on behalf of the Lloyds Investment Platform, has selected Maranon Capital LP to manage fund strategy.

Eleanor Bucks, chief investment officer at Lloyd’s, said: “Through the new fund on our Investment Platform, we are providing the Lloyd’s market with seamless access to the US mid-market lending space.

“With the expertise of our partners at Schroders and Maranon, we are confident that this latest initiative will provide another significant investment opportunity for the Lloyd’s market.”