Financing is granted by private investors including investment funds and institutional investors.
Companies which receive financing are usually private (often owned by a Private Equity fund) and have little or no access to the public markets.
Financing is used for different purposes including M&A activity, debt refinancing operations (LBOs) or to driving a company’s growth.
Private Credit funds distribute income to investors from underlying loans. In this case, investors receive a return on their investment from the fund’s inception.
The Private Credit market offers a wide choice of sub-strategies, allowing investors to gain exposure to the asset class with a degree of risk corresponding to their objectives and constraints, taking into account in particular the illiquid nature and the long-term maturity of these investments.