Market Leaders. Under-Capitalized Situations. Creative Transactions.

Our professionals are industry and product generalists who are able to invest in a range of industries. Typically, we target companies with a history of stable cash flows, demonstrated competitive advantages and experienced management teams. In addition, we place a high priority on market leading companies with identifiable growth prospects that can generate significant free cash flow.

Sectors considered to be highly attractive include basic and growth manufacturing, business services, consumer products, health care products and services, as well as information technology services. More cyclical industries such as restaurants, retail, oil and gas and technology are also considered. As a long-term investor with a focus on value creation, each investment is analyzed with a primary focus on minimizing downside risk, protecting invested principal and generating an appropriate risk-adjusted return in each company and in each security.

Our investments rely heavily on structuring expertise, disciplined underwriting, intensive due diligence and active portfolio management. As such, the Private Debt Group prefers to agent and/or lead transactions as well as seek board representation or access as appropriate. This lead-investor strategy typically results in the ability to drive transaction structures, lead primary due diligence, enhance economics and optimize portfolio composition across market cycles. Of note, the Private Debt Group will selectively consider third-party-led senior and subordinated debt financings and portfolio purchases as well as opportunistic stressed and discounted debt positions.