Private Credit

Private Credit
We offer a diversified private credit solution to our investors

Our Private Credit Strategy provides a diversified private credit solution to its investors. The fund invests in corporate private credit instruments in North America and Europe, with a focus on 1st lien debt, but also 2nd lien and mezzanine debt.

Its objective is to generate stable cash yield and attractive annual returns by selecting investment opportunities across sectors and geographies throughout the economic cycle. Over the past 20 years, the investment team has established a global network, investing successfully through economic cycles using the appropriate debt instruments.


Since inception, Fiera Comox Private Credit has made 27 investments. This provides current and prospective investors with a balanced and global exposure to the asset class and diversification benefits, with an exposure to different sectors, geographies and seniorities

Fiera Comox is continually evaluating new investment opportunities to complement its current portfolio.

as of Dec 31st, 2023
Icon for Vertically-integrated car insurance platform
Baton Rouge, LA
Icon for Third party transportation logistics provider
Dallas, TX
Transportation Services
Icon for Healthcare transportation broker
St. Louis, Missouri
Healthcare Services
Icon for Operator of dental clinics in Canada
Burnaby, BC
Healthcare Services
Icon for Secure communication solutions provider
Ashburn, VA
IT Services
Icon for Residential solar panel installer
Lehi, UT
Icon for Real estate digital platform
San Francisco, CA
Real Estate
Icon for Provider of simple-to-use digital products
West Hollywood, CA
Consumer Discretionary
Icon for Outsourced IT services provider
Toronto, ON
IT Services
Icon for Ad-technology company
Los Angeles, CA
Media and Advertising
Icon for Maintenance and repair service business
Salt Lake City, Utah
Industrial Services
Icon for Provider of digital performance marketing solutions
El Segundo, California
Media & Advertising
Icon for Gannett Fleming:
Camp Hill, Pennsylvania
Professional Services


  • Healthcare Services
  • Insurance
  • IT Services
  • Media and Advertising
  • Professional Services
  • Renewables
  • Fertilizer and Chemicals
  • Infrastructure
  • Transportation Services
  • Industrial Services
  • Real Estate
  • Consumer Discretionary


  • Insurance
  • Fertilizer and Chemicals
  • Infrastructure

Investment Parameters


Piechart for Sectors
Icon for Healthcare Services Healthcare Services 19%
Icon for Insurance Insurance 18%
Icon for IT Services IT Services 10%
Icon for Media Media 5%
Icon for Professional Services Professional Services 6%
Icon for Renewables Renewables 6%
Icon for Fertilizer and Chemicals Fertilizer and Chemicals 13%
Icon for Industrial Services Industrial Services 4%
Icon for Real Estate Real Estate 2%
Icon for Consumer Discretionary Consumer Discretionary 2%


Piechart for Geography
North America 71%
Europe 29%


Piechart for Sponsor
Sponsor-Backed 80%
Non-Sponsored 20%

Management Style

Our private credit team has a diversified experience investing across the capital structure in different private credit instruments. We create value through active sourcing, investment selection, due diligence, structuring and negotiation of transactions we believe offer superior risk-return investment propositions to investors. Our approach is centred upon creating strong partnerships with companies as well as world-class private equity and private credit investors in order to maximize value through the cycle, while focusing on downside protection.

Key Principles

  • Direct sourcing and underwriting model focused on fundamental evaluation of private credit opportunities across the capital structure
  • Seek investment opportunities with strong downside protection while having a high contractual return
  • Strong private credit culture combined with a private equity due diligence mindset
  • Invest in niche opportunities and defensive credit instruments in quality companies
  • Diversification across geographies, sectors and private credit instruments
  • Integration of ESG considerations at every stage of our investment and underwriting processes

Private credit as an asset class has historically offered the following benefits:

  • Liquidity premium – private credit generated better returns over time than publicly traded credit
  • Portfolio diversification – low correlation with traditional public markets and other private alternative asset classes
  • Attractive cash yield and risk-adjusted absolute returns
  • Broad investment universe not accessible through public markets
  • Private credit is a growing part of institutional portfolios, allowing investors to achieve long-run target returns

Private Credit Team