Segment Focus: Direct lending in the core US middle market
Sector Expertise: Deep, thematic areas of focus, including software, healthcare, digital infrastructure & services, franchising
Sponsor-Centric: Deal flow historically driven from sponsor-backed borrowers; proven ability to lend to non-sponsor companies
Capital Structure Flexibility: Senior secured unitranche bias, with the ability to participate throughout the capital structure, including junior debt, structured equity and equity co-investments
Valuation-Based Philosophy: Investment decisions supported by robust fundamental and valuation analysis
Asset Selection Mentality: Focus on executing transactions with the strongest risk-adjusted returns
NAV Lending: Provide financing to private equity funds seeking to raise capital based upon fund net asset value
Equity Co-Investments: Invest alongside leading PE sponsors, often where we have a LP relationship or in connection with a private credit financing
Primary and Secondary Fund Investments: Through a strategic partnership with a top-tier private equity fund-of-funds manager, we have the ability to make LP commitments and purchase secondary LP interests in private equity funds, including investing in continuation vehicles