01 — Private credit
Private credit
Direct lending supported by contractual payments, recurring cash flow, receivables, or another identifiable repayment source.
- Invoice financing
- Contract-backed lending
- Business lending
- Debt financing
Private market investments
Curated private-market opportunities across credit, real assets, operating businesses, and special situations. Evaluated deal by deal, with the underwriting clearly presented.
Our investment universe
We pursue opportunities where capital is tied to identifiable assets, contractual payments, recurring business cash flow, or a clearly defined value-creation strategy.
Our mandate is flexible. Our underwriting is not.
01 — Private credit
Direct lending supported by contractual payments, recurring cash flow, receivables, or another identifiable repayment source.
02 — Asset-based
Capital supported by identifiable underlying assets, valued and monitored for the full life of the position.
03 — Trade & working capital
Short-duration financing behind real commercial activity — goods moving, orders filled, invoices settled.
04 — Operating businesses
Debt and equity in established businesses with identifiable operating economics, management depth, and a defined use of proceeds.
05 — Special situations
Selective opportunities outside conventional private-credit structures, taken only where the risk is understood and the structure compensates for it.
Global sourcing
Our network of operators, lenders, and industry partners provides access to opportunities across markets. These long-standing relationships help us identify and evaluate compelling investments before they reach the broader market.
Selectivity
The majority of what reaches us never makes it to underwriting, and a good share of what does never reaches funding. That filtering is the product. By the time an opportunity is shown to investors, it has already survived every objection we could raise against it.
Every stage is a chance to walk away — and we take it. Investors only ever see the last band.
How we think
Every opportunity begins with the same four questions.
Four layers between an investment and a loss
01
Identify the primary source of repayment or economic return.
02
Evaluate the assets and protections available where applicable.
03
Build terms designed around the specific risks of the transaction.
04
Establish paths to repayment, refinancing, sale, or liquidity before capital is deployed.
How investors participate
Participation is deal-by-deal. You see the opportunity, the structure, and the underwriting before you decide.
We confirm investor eligibility and suitability under applicable regulations before any opportunity is shared.
You receive the transaction summary, structure, security, term, and expected repayment source.
Underwriting files, supporting documentation, and our analysis are made available for your own review.
If you choose to participate, subscription documents are executed for that specific transaction.
Capital is called and deployed once conditions precedent and documentation are satisfied.
Ongoing position-level reporting covers performance, payments, and any material developments.
Proceeds are distributed according to the terms of the transaction as repayment or exit occurs.
What access looks like
Structure, security, term, counterparty, and the repayment source.
What we think can go wrong, what protects the position if it does, and where we could still be wrong.
Repayment, refinancing, or sale identified before funding, so liquidity is planned rather than hoped for.
Questions go to a real partner who can provide updates on your investment.
Investor access
Tell us a little about your investing appetite. We'll confirm eligibility and walk you through current and upcoming opportunities — no commitment, and no obligation on either side.
Deal-by-deal access to private-market opportunities.
Request access