Private Debt

Private debt refers to loans negotiated directly with private companies or individuals. These loans vary widely in duration, security, seniority, collateral and return streams, but we are focused on short-term (1-3 years), floating rate debt with a high degree of seniority in terms of claims on the underlying assets or cash flow. Areas of greatest interest to us are corporate loans, secured real estate lending, working capital funding and trade finance.

Why Invest in Private Debt?

Private debt offers several potential benefits relative to public fixed income securities.

Enhanced Returns

As a result of less efficient markets, barriers to entry, expertise and an “illiquidity premium”.

Lower Volatility

As most private debt is held to maturity and not traded in the market every day.

Floating Rate Loans

Provide some protection against rising interest rates.

Private Debt Investment Attributes

Our focus is on short-term, floating rate debt with a high degree of seniority in terms of claims on the underlying assets or cash flow. Areas of greatest interest to us are corporate loans, secured real estate lending, working capital funding and trade finance.

We plan to allocate most of the fund’s capital to a small number of external managers who specialize in this area and have undergone extensive due diligence. Ideal partners will offer:

Organizational strength with a well-capitalized, thoughtful and stable leadership team, deep “bench strength”, and commitment to all facets of the business
Experienced teams with a disciplined investment process and consistent record of success
The highest standards of honesty, integrity, and transparency
Differentiated and proprietary deal flow

We may also pursue some direct lending opportunities that arise as a result of our in-house investment team’s experience and network.

The fund aims to deliver attractive absolute returns with low volatility. Given the liquidity profile of the underlying assets, this fund is only suitable for investors with a long-term investment horizon.

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Private Investments: A Unique Approach

Investment Strategies

We offer a diverse mix of investment strategies across multiple asset classes. An investment portfolio can be customized to meet your specific financial targets, volatility tolerance, and liquidity preference.