Our private debt capabilities were established in 1991. Embedded within our broader fixed income team, our credit analysts and dedicated private placement team collaborate on both credit and structural points from the onset of every deal. We strive to invest in credits and structures that provide diversification and enhanced covenant protections versus the public investment grade market. Returns are driven by security selection, private premiums and make-whole payments. As a highly-respected market participant, our long-standing network and relationships in the investment community grant us access to the market.
Our investment approach combines bottom-up research with top-down sector selection to consistently seek favorable, risk-adjusted results. We believe that the volatility of market prices exceeds that of fundamental asset values. This dislocation creates opportunities for investors with the skilled personnel, infrastructure and insight necessary to identify relative value generated by market inefficiencies.
Investment Grade Private Credit Strategy Highlights
- Focuses primarily on capital preservation and total return
- Flexible deal sizes ranging from $15 to 200 million throughout the US, Europe, Australia, New Zealand, and Canada
- Typically does not lend to issuers rated below BBB- (or its equivalent)
Investment Grade Private Credit Assets
EXPERIENCE AND STABILITY
Our investment professionals are characterized by experience and continuity of team, effective decision-making processes, and deep industry experience. The Private Credit Approval Committee is strengthened by the expertise of Strategy and Execution teams and supported by our robust Fixed Income team.
Clients are at the core of everything we do
Long-tenured teams and processes
Established as an institutional solutions provider
Network and access to investment community