Powering exceptional financing solutions
We specialize in direct lending, providing a range of customized financing solutions to both private equity-sponsored and non-sponsored companies across debt and equity-related instruments. Alongside our direct lending capabilities, we employ complementary strategies through our Liquid Credit and Strategic Equity verticals.
Our difference
Approach
We are investors for the long term. Our relationship-oriented approach to investing can provide borrowers with sizable commitments to facilitate transactions and support their growth needs with certainty, speed, and transparency throughout the entire investment process. Through our extensive senior-level relationships with sponsors, we can create sourcing across multiple touchpoints.
Expertise
Led by a seasoned senior management team, our Credit platform is supported by a group of investment professionals with significant and diverse experience investing across varying market environments and business cycles.
Scale
Our dry powder allows our Credit platform to provide scaled financing solutions, commit to full capital structures, and support the future capital needs of borrowers. We focus primarily on originating and executing debt and equity investments and have demonstrated our ability to source proprietary investment opportunities with $78.3 billion in gross originations across our direct lending business since inception.
Our strategies
Across our direct lending strategies, we focus on lending to middle-market and upper-middle-market companies both non-sponsored and those backed by leading private equity sponsors, while seeking to generate current income at attractive risk-adjusted returns with a continued focus on capital preservation.
Diversified Lending
Primarily focuses on first lien, second lien, and unitranche senior secured, floating-rate loans with diversification by borrower, sector, sponsor, and position size.
First Lien Lending
Seeks to make senior secured, floating-rate investments in traditional first lien loans only and aims to have diversification by borrower, sector, sponsor, and position size.
Opportunistic Lending
Focuses on providing capital to market-leading companies and management teams that are navigating unique situations, such as transformational change, high growth, disruption, or dislocation events.
Technology Lending
Invests in a broad range of established and high-growth technology and software companies. The strategy originates and invests in debt, equity, and equity-related securities, including common equity, warrants, preferred stock, and similar forms of senior equity.
Adjacent investment strategies
Liquid Credit
Strategic Equity
Our investment process
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Deal sourcing
An independent origination process with an extensive network of industry contacts and portfolio company relationships. -
Deal screening
Internal industry expertise informs initial evaluation of the opportunity with senior management. -
Structuring and diligence
Thorough review of financial information and detailed document negotiations focused on identifying and mitigating risks. -
Investment Committee review
Evaluate opportunity and risk-adjusted return with a focus on downside mitigation and preservation of capital. -
Deal closing
Deal terms, documentation, and timeline are finalized. Investment is allocated across managed funds as appropriate. -
Ongoing monitoring
Proactive review process and regular contact with portfolio company management teams and private equity sponsors.