Invesco Credit Partners focuses on distressed credit and special situations investments in overlooked and inefficient markets.
unique companies in proprietary, private-side credit library
As of March 31, 2024
of debt restructured over distressed team’s career
years of average experience for senior leadership team
Exceptional distressed credit and special situations managers are not just great stewards of investor capital – they are also strong partners for businesses. At our core, we are problem solvers and value-creators who seek to help companies transition from challenging periods to ones of growth.
Across our investments, we target asymmetric return profiles. We seek to generate equity-like returns while assuming credit downside risk. The following themes define our approach:
Our private credit platform is one of the largest and most active financiers of corporate loans in the world. We utilize our entirely private-side orientation and extensive institutional connectivity with existing borrowers to maintain a vast radar of opportunities across the market.
We focus on small-capitalization companies. The opportunity set in this market is evergreen — smaller businesses are more prone to idiosyncratic issues, which occur independent of market cycles. Information access to those without a platform, such as ours, is typically opaque, and therefore, these markets are highly inefficient and can present excellent value opportunities.
We typically enter investments via senior secured debt. This approach allows for risk mitigation as we invest inside of intrinsic value, and our senior secured loan positions provide a priority claim on a company’s assets.
We employ private equity-style diligence in sectors and situations where we have a deep understanding of the business, industry, and path forward to stabilization and monetization. The process is augmented with insights and connectivity from our platform’s credit analyst team, which is one of the largest sector-based research teams in the private credit marketplace.
We are proactive investors. Prior to investing, we concentrate on identifying the cause of distress and clear catalysts to resolution. We then partner with our portfolio companies and their management teams to effectuate financial and operational restructuring.
Our investments have the following objective:
Our experienced team looks to proactively create value across three types of investments:
Opportunistic Credit Investments, Distressed Credit and Special Situations are managed by Invesco Senior Secured Management, Inc. (ISSM). ISSM provides investment advisory services and does not sell securities.
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.
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 in the space.
Our investment philosophy is grounded in a fundamental bottom-up risk assessment of each asset we invest in coupled with top-down macro risk positioning tied to broader economic trends and processes.
Our ability to leverage the Invesco Private Credit platform and allocate across private asset classes based on the market environment or investor risk/return objectives is a defining feature of our approach.
Please reach out to learn more about our capabilities in Direct Lending, Distressed Credit and Special Situations, and Broadly Syndicated Loans.
