Head of Invesco Private Credit / Chief Investment Officer
Scott Baskind
Invesco Private Credit
Invesco Private Credit is one of the world’s largest and longest-tenured private credit managers. We leverage a consistent, conservative fundamental credit process to pursue opportunities across broadly syndicated loans, direct lending, distressed debt and special situations.
$44B+
in private credit AUM
As of March 31, 2022
30+
years of platform experience
100+
dedicated professionals across the U.S. and Europe
Why partner with Invesco?
Proven credit expertise
Our credit process has been continuously tested and refined, but it has always centered on deep due diligence, conservative underwriting, and risk mitigation to preserve capital while targeting attractive risk-adjusted returns. This process is employed across all private credit investment strategies managed by the team.
A range of investment offerings across the private credit spectrum
Targeted return spectrum for investment strategies
Click/hover over the blue boxes to see the targeted return ranges
Enhanced deal access
Our investment professionals leverage the disciplined, fundamental credit process we have honed over decades of experience in private credit to provide an edge in due diligence that is hard to replicate
Solutions-oriented partners
We understand what deal sponsors and partners need to succeed and what investors require to access these highly targeted markets. We draw from our range of capabilities and structuring acumen to deliver bespoke solutions for clients. This includes our ability to systematically integrate ESG considerations at the investment strategy level.
$9B+
of ESG mandate assets
As of March 31, 2022
800+
issuers underwritten to proprietary ESG framework
16
factor ESG framework to independently evaluate each company and issuer
Private credit team
Our global private credit team is organizationally and economically aligned—including reporting to a single CIO. This structure incentivizes collaboration and improves our ability to source, underwrite, and execute on attractive opportunities.
Head of Private Debt, Senior Portfolio Manager
Ron Kantowitz
Head of Distressed Credit, Senior Portfolio Manager
Paul Triggiani
Senior Portfolio Manager / Co-Head of Credit Research, Broadly Syndicated Loans
Kevin Egan
CPA
Senior Portfolio Manager / Co-Head of Credit Research, Broadly Syndicated Loans
Thomas Ewald
Strategies
Invesco Private Credit is one of the world’s largest and longest-tenured private credit managers. We leverage a consistent, conservative fundamental credit process to pursue opportunities across broadly syndicated loans, direct lending, and distressed debt and special situations.
Direct lending
Our direct lending team has decades of experience in sourcing, underwriting, and executing senior secured loans in the core middle market. Our capabilities have made us a trusted partner to leading deal sponsors seeking capital and investors seeking compelling sources of risk-adjusted return.
Other private credit strategies
We leverage a consistent, conservative fundamental credit process and deep sector knowledge to pursue opportunities across broadly syndicated loans, direct lending, and distressed debt and special situations.
Our investment philosophy is grounded in a fundamental bottom-up risk assessment of each asset in which we invest coupled with top-down macro risk positioning tied to broader economic trends and processes.
We believe that inefficient markets can provide attractive risk-adjusted return regardless of economic cycles. Our integrated global credit platform provides a competitive edge in sourcing, diligence, and execution.
Ability to leverage the Invesco Private Credit platform and allocate across private asset classes based on market environment or investor risk/return objectives.
FAQs
Private credit is an asset class that can generally be defined as non-bank lending—privately negotiated loans and debt financing from non-bank lenders. The private credit market typically serves borrowers that are too small to access public debt markets or have unique circumstances that require a private lender. Invesco includes broadly syndicated loans within private credit because of the firm’s private-side orientation and consistent due diligence approach across private credit sectors.
In general, private credit and private debt are terms that are used interchangeably to refer to private lending—loans that are provided to companies by private investors and private markets rather than by banks or public debt markets.
Default risk is the leading risk of private credit and emphasizes the need for in-depth, thorough due diligence and credit expertise. The risk that a borrower will be unable to pay back a loan (i.e., default) may be elevated because private credit typically involves non-investment-grade borrowers. Liquidity risk is another key risk of private credit, because private credit securities generally are illiquid relative to publicly traded securities.
Global private credit assets total over $1 trillion* as of January 2022 according to various estimates. Private credit assets have been growing rapidly alongside the steady growth of the private equity industry and as investors seek diversified sources of yield and income.
*Source: Preqin database as of December 31, 2021 (most recent data available).
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