The investment strategy incorporates three complementary strategies to provide maximum flexibility:
Loan Originations/Acquisitions
- Opportunistically originate or acquire high-yielding loans
- Target borrowers include obligors that are asset rich but liquidity constrained, in business transition, restructuring or bankruptcy, and obligors that need quick access to funds and certainty of execution in order to exploit an opportunity
Asset-Based Transactions
- Acquire portfolio of “orphan” commercial and consumer-based assets
- Sellers include companies disposing of non-core assets or those in need of liquidity
Corporate Securities
- Acquire debt and equity securities of large and middle market credits that offer the best risk/return profile
- Target securities include those issued by companies in distress, default, bankruptcy or simply suffering from market mispricing