Our direct lending strategy originates, structures and invests in performing loans to middle and upper mid-market companies.

We focus on senior-secured, floating-rate instruments backed by robust cash flow or asset coverage. Direct lending is a conservative, income generating, lower risk strategy. Our investments are supported by rigorous documentation and our highly experienced in-house legal execution team. The strategy has deployed over €23 billion since inception and originates the vast majority of its loans through our extensive relationship-based primary sourcing network.