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How population changes impact US real estate
The US population is projected to shift in the future to more older Americans and fewer under age 15. Here’s what that may mean for real estate investing.
Invesco Senior Secured Management, Inc. manages more than $40 billion in private credit assets.1
Our talented team consists of more than 100 investment professionals across the US and Europe.
Team members have deep expertise, with an average of more than 30 years of relevant experience.
Our credit process has been continuously tested and refined, but it’s always centered on deep due diligence, disciplined underwriting, and risk mitigation to help preserve capital while targeting attractive risk-adjusted returns. This process is employed across all private credit investment strategies managed by the team.
As one of the largest asset managers in the leveraged loan market, Invesco uses its credit expertise and market-leading position to provide investors unique access to investment opportunities in senior secured loans.
Our team has decades of experience 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 returns.
We have a long history of seeking equity-like returns with credit-like risk by investing in opportunistic, distressed, and special situations investments within inefficient markets. Our integrated global credit platform provides a competitive edge in sourcing, diligence, and execution.
Fund |
Ticker |
Vehicle |
Category |
Download |
---|---|---|---|---|
OOSAX |
Mutual fund |
Bank loan |
||
AFRAX |
Mutual fund |
Bank loan |
||
BKLN |
ETF |
Bank loan |
||
ICLO |
ETF |
Bank loan |
||
VSLAX |
Mutual fund |
Bank loan |
||
XCRTX |
Mutual fund |
Bank loan |
Private credit is an asset class generally defined as non-bank lending — privately negotiated loans and debt financing from non-bank lenders. The private credit market typically serves borrowers too small to access public debt markets or with unique circumstances requiring a private lender. We include senior secured loans within private credit because of our private-side orientation and consistent due diligence approach across private credit sectors.
The three primary private credit segments are direct lending (inclusive of all performing corporate strategies), opportunistic (primarily backed by the cash flow of securities of non-corporate, non-correlated, or unique and esoteric assets), and distressed debt.
In general, private credit and private debt are used interchangeably to refer to private lending — loans provided to companies by private investors and private markets rather than by banks or public debt markets.
Public credit is debt issued or traded on the public markets. Private credit is privately originated or negotiated investments, comprised of potentially higher yielding, illiquid opportunities across a range of risk/return profiles. They aren’t traded on the public 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 because private credit securities generally are illiquid relative to publicly traded securities.
How population changes impact US real estate
The US population is projected to shift in the future to more older Americans and fewer under age 15. Here’s what that may mean for real estate investing.
SteelPath commentary on the midstream energy infrastructure industry
Each month, the Invesco SteelPath team provides an update and insight on the most recent midstream industry happenings. Each monthly commentary provides: market performance update, recent news, and chart of the month.
Why invest in US private real estate?
Private real estate has a place in today’s portfolios, in our view, thanks to its history of attractive long-term total and risk-adjusted return potential and inflation-beating income potential.
Invesco SteelPath: Midstream dividends earning trust again
Healthy midstream equity performance in recent years, particularly over periods of broader energy volatility, suggest the sector has earned back trust in the sector’s dividends.
Alternatives at Invesco
We have a deep expertise and experience in real estate, private credit, macro, and hedged strategies and a range of solutions.
Invesco Real Estate
Leveraging a rigorous investment process to uncover attractive opportunities across the real estate investment spectrum.
Listed Real Assets
Providing investors access to high value physical assets that may offer competitive income, portfolio diversification and the potential to hedge inflation.
As of Dec. 31, 2023, Invesco Senior Secured Management, Inc (ISSM) platform assets.
Important information
NA3611492
Invesco Advisers, Inc., Invesco Managed Accounts LLC, Invesco Senior Secured Management, Inc. and Invesco Private Capital, Inc. are investment advisers; they provide investment advisory services to individual and institutional client and do not sell securities. Each entity is an indirect, wholly owned subsidiary of Invesco Ltd.
There are risks involved with investing in ETFs, including possible loss of money. Index-based ETFs are not actively managed. Actively managed ETFs do not necessarily seek to replicate the performance of a specified index. Both index-based and actively managed ETFs are subject to risks similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.
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