Target Asset Classes
Private Credit
Real Estate Debt
Secondary Portfolios
Portfolios of Funds
GP Financing
Private Equity NAV
Financing Characteristics
Size 50–500+ million
USD / GBP / EUR among other currencies
Flexible duration and maturity
Floating or fixed rate LTV varies by asset class
Customized structure for each transaction
Asset Manager Use Case
Financing for levered fund or vehicle
Specific portfolio or liquidity need
Non-dilutive capital for GPs to grow their business
Capital for new platforms or bolt-on M&A