PRIVATE DEBT
Investments in mid-market growth financing
Our private debt strategy is based on in-depth industry knowledge and network, many years of experience in the selection of closed-end investments as well as in the holistic management of funds of funds and similar structures. The comprehensive and integrated range of services - from selection and due diligence, access and structuring to controlling and reporting - offers investors global access to the private debt asset class and the advantage over direct investments or single fund solutions. With our broadly diversified all-weather strategy, we enable investors in the private debt sector:
- To invest cyclically resistant and with implicit inflation protection
- Participate directly in the growth of mid-sized companies
- Benefit from continuous distributions and attractive – high single-digit – returns over the entire term of the investment
Investment strategy
Our investment approach focuses on lower-mid market direct lending funds that primarily provide senior or unitranche loans to private equity or owner-managed companies in the European and North American mid-market. In order to optimize returns and take advantage of market opportunities in the current macroeconomic environment, investments in Distressed Debt and Special Situation funds are planned to a limited extent. Hence, investors gain access to a structured private debt portfolio that is diversified across different regions, fund managers, companies and fund ages.
The selected target funds are characterized in particular by the following features:
- Proven, established private debt specialists with clear USP in strategy and added value to the overall portfolio
- High reputation & experienced investment team (in different business cycles)
- Clearly structured investment process with private equity typical due diligence and strong risk management focus
- Attractive risk-return-mix with fair cost structure
- Demonstrable, verifiable track record with regard to performance and credit default risk
