Private Credit

Our Private Credit team provides tailored, one-stop financing solutions, primarily to private equity-backed, mid-market companies.

Our Strategy

We finance transactions supporting leveraged buyouts, acquisitions, business expansions, refinancings and short- to medium-term liquidity needs. Our primary focus is on directly originated senior secured loans, including first lien, unitranche and, to a lesser degree, second lien loans. We will also consider investments in mezzanine debt, preferred equity / equity co-investments and secondary debt transactions.

The team draws on its vast experience investing across the capital structure and in a wide array of industries to deliver flexible, value-added solutions customized to the unique needs of each borrower.

private credit clients

Company Profiles

Lower mid-market
EBITDA between $7.5 - $50.0 million, with an emphasis on businesses with EBITDA < $30.0 million
Primarily private equity-sponsored
Predominantly U.S.-domiciled or headquartered

Transactions

Leveraged buyouts
Growth capital
Refinancings / recapitalizations
Acquisition financings
Corporate transitions / successions
Liquidity solutions

Capital Structures

Primary Focus

Senior secured, floating rate loans
- First lien
- Unitranche
- Second lien

Secondary Focus

Mezzanine
Preferred equity / equity co-investments
Unsecured notes / bonds

Core Industries

Technology /
Business Services
Consumer
Healthcare
Media & Telecom
Industrials & Chemicals

“Delivering creative, custom-tailored financing solutions to underserved mid-market companies represents one of the most compelling opportunities in private credit today.”
Jens Ernberg and Thomas Hall, Co-Heads of Private Credit