PRIVATE CREDIT PARTNER SHIP
European Private Credit partnership
Strategic access to direct lending markets across Western and Southern Europe through a flexible SICAV-RAIF structure.
A Disciplined Approach to Private Credit
Our S.C.A. SICAV-RAIF structure provides institutional investors with direct access to Europe’s thriving private credit market. By partnering with established credit managers, we deliver senior secured loans, unitranche facilities, and mezzanine debt solutions across Western Europe.
The vehicle is specifically designed for private equity sponsors, family offices, and debt platforms seeking exposure to corporate direct lending opportunities in Southern European markets including Spain, Italy, and Portugal.
Investment Strategy Overview
Senior
Secured Loans
First-lien positions with robust collateral protection and priority repayment rights in established European mid-market companies
Unitranche
Facilities
Streamlined capital solutions combining senior and subordinated debt, offering enhanced returns with controlled risk profiles.
Mezzanine
Debt
Subordinated financing with equity participation features, providing attractive risk-adjusted returns for growth-oriented transactions.
Geographic Focus
Western and Southern
European Markets
Our investment mandate concentrates on direct lending opportunities across Western Europe, with particular emphasis on the underserved Southern European markets of Spain, Italy, and Portugal.
These regions offer compelling risk-return dynamics, featuring established corporate borrowers, growing private equity activity, and attractive structural protections. Our multi-manager approach ensures comprehensive market coverage and diversified exposure.
Multi-Manager Excellence
01
Rigorous
Manager Selection
Institutional investors seeking stable, income-generating alternatives with capital preservation characteristics and diversification benefits away from traditional fixed income allocations.
02
Comprehensive
Due Diligence
Each manager undergoes extensive operational, financial, and regulatory review to ensure alignment with our institutional standards and investment objectives.
03
Active
Portfolio Monitoring
Ongoing oversight and risk management across all underlying investments, with regular reporting and transparent communication to stakeholders.
04
Strategic
Diversification
Balanced exposure across multiple managers, sectors, and geographies to optimize risk-adjusted returns whilst maintaining portfolio resilience.
The SICAV-RAIF Advantage
Regulatory
Efficiency
Luxembourg’s Reserved Alternative Investment Fund (RAIF) regime offers streamlined authorisation without requiring prior regulatory approval, enabling faster deployment.
Structural
Flexibility
The S.C.A. (partnership) structure provides investors with limited liability whilst maintaining tax transparency and operational versatility for complex credit strategies.
Institutional
Framework
Robust governance, comprehensive reporting, and alignment with AIFMD requirements ensure the highest standards of investor protection and transparency.
Target Investor Profile
Pension Funds
Institutional investors seeking stable, income-generating alternatives with capital preservation characteristics and diversification benefits away from traditional fixed income allocations.
Family Offices
Sophisticated wealth managers looking for direct lending exposure with professional management, institutional governance, and access to proprietary deal flow.
Private Equity Sponsors
PE firms and sponsors seeking co-investment opportunities in the credit space, complementary exposure to their equity portfolios, and enhanced relationship networks.
Debt Platforms
Specialised lending platforms requiring structured vehicles to aggregate capital, access diversified credit opportunities, and scale their European direct lending activities.
Growing European Private Credit Landscape
The European private credit market has experienced significant expansion, driven by bank deleveraging, regulatory constraints on traditional lenders, and increasing demand from mid-market corporates.
Southern European markets in particular present compelling opportunities with attractive pricing, strong covenant packages, and growing private equity activity. The region’s economic recovery, improving credit fundamentals, and limited competition create an ideal environment for disciplined direct lending.
Risk Management Framework
Diversification
Portfolio construction across multiple managers, sectors, geographies, and transaction types to mitigate concentration risk and enhance stability.
Credit Analysis
Rigorous underwriting standards and comprehensive due diligence on every underlying borrower, with ongoing monitoring of financial covenants and performance metrics.
Structural Protection
Focus on senior secured positions with strong collateral coverage, conservative loan-to-value ratios, and robust legal documentation protecting lender rights.
Active Oversight
Continuous portfolio surveillance, early warning indicators, and proactive engagement with managers and borrowers to identify and address potential issues.
Partner With Us
Our SICAV-RAIF structure offers institutional investors a sophisticated platform to access Europe’s dynamic private credit markets through a multi-manager approach.
With deep regional expertise, rigorous credit processes, and alignment with institutional standards, we provide a compelling solution for investors seeking diversified exposure to Western and Southern European direct lending opportunities.
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