Northleaf Private Credit pursues a flexible strategy to build a diversified portfolio of private credit investments, with a focus on loans to private equity-backed companies. The focus on middle market private equity companies enables Northleaf to leverage the firm’s extensive private equity experience to provide financing solutions across the capital structure, including senior, unitranche, second lien, mezzanine and subordinated loans in North America and Europe.
Northleaf’s private credit program provides exposure to an asset class that offers a number of benefits to institutional investors, including:
- Quarterly cash yield and attractive current income
- Floating rate structures that mitigate the risk of rising interest rates
- Robust legal documentation and covenant protection
- Conservatively-levered capital structures with significant equity cushion
- Attractive premiums and strong relative value to public markets.
As a responsive and trusted source for private capital, Northleaf provides flexible financing solutions to middle market companies that generate $10 million to $150 million of EBITDA. The private credit program’s flexible strategy enables Northleaf to invest across the capital structure. As such, Northleaf is able to provide flexible capital, including senior, unitranche, second lien, mezzanine and subordinated debt or equity structures, to meet companies’ financing goals.
Northleaf’s global private credit investment team has relationships and expertise investing in North America and Europe and significant experience lending to a broad range of borrowers across industries. Northleaf is a value-added partner to engaged equity owners and has significant long-term relationships with private equity-backed and corporate borrowers.
Northleaf Private Credit I (NPC I) – 2016
NPC I pursues a flexible investment strategy across senior, unitranche, second lien, mezzanine and subordinated loans, with a primary focus on private equity-backed companies in North America and Europe.
Northleaf Star Holdings – 2016
Northleaf Star Holdings is a customized private credit mandate that holds a 16% equity stake in Antares Capital, the leading provider of financing solutions for North American middle market private equity-backed transactions, alongside an affiliate of Canada Pension Plan Investment Board and Antares management.