Private Credit

Corporate Private Placements

Our highly experienced and dedicated investment team consists of professionals from both the banking and asset management sectors, with an average of more than 20 years of experience in private placement activity.

AUM

$ 32.33 billion as of September 30, 2024

Inception Date

2004

Vehicle Types

Separate Account

Investment Philosophy

We employ a clear, strategic approach to lending to corporate private assets as we seek to deliver attractive risk-adjusted returns to our clients, without taking undue risk. We have invested in private placements as a core fixed income product for over 30 years, and have a quantifiable track record of capital preservation and excess relative value.

Our Value Add

  • Dedicated Investment Team: Our highly experienced and dedicated investment team averages more than 20 years of experience and leverages strong, long-term relationships to provide access to a highly competitive market
  • Disciplined Credit Underwriting: Our credit-intensive culture emphasizes limiting downside risk and focuses on incremental spread and meaningful covenants
  • Proven Track Record: Favorable long-term performance
  • Proven Nimble Deployment of Capital with a Disciplined Approach to Value Creation: We offer issuers a variety of debt solutions (fixed, floating, various currencies and tenors, complex structured transactions) and deploy capital across different geographies and asset types. This breadth ensures a disciplined approach to delivering relative value, when excess liquidity in a sector can cause mispricing of risk.

 

Portfolio Managers

Mark Ackerman, CFA
Head of Portfolio Management
Jim Moore
Head of Private Placements & Asset Based Finance

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