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.

PORTFOLIO FOOTPRINT

Since inception, Fiera Comox Private Credit has made 35 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.

22
Total
Current
Investments
as of Dec 31st, 2024
Icon for Go-Auto Vertically-integrated car insurance platform
Baton Rouge, LA
Financials
Icon for Soroc
Hebron, KY
Business Services
Icon for MTM Healthcare transportation broker
St. Louis, Missouri
Healthcare
Icon for Operator of dental clinics in Canada
Burnaby, BC
Healthcare
Icon for CIS Secure communication solutions provider
Ashburn, VA
Business Services
Icon for TMC Residential solar panel installer
Salt Lake City, UT
Business Services
Icon for Opendoor: Real estate digital platform
San Francisco, CA
Financial Services
Icon for HASA
Valencia, CA
Industrials
Icon for QuickQuack
Roseville, CA
Consumer
Icon for IPS
Greenville, SC
Industrials
Icon for Provider of digital performance marketing solutions
El Segundo, California
Business Services
Icon for Risk Strategies
Boston, MA
Financial Services
Icon for Pavion
Chantilly, VA
Business Services
Icon for Augusta
Charlotte, NC
Consumer
Icon for ASC
Oak Brook, IL
Industrials
Icon for Dywer Omega
Michigan City, IN
Industrials

Sector

  • Industrials
  • Healthcare
  • Business Services
  • Financial Services
  • Consumer
  • TMT

Sector

  • Industrials
  • Healthcare
  • Education Services
  • TMT

Investment Parameters

Sectors

Piechart for Sectors
Icon for Industrials Industrials 25%
Icon for Healthcare Healthcare 23%
Icon for Business Services Business Services 22%
Icon for Financial Services Financial Services 13%
Icon for Consumer Consumer 9%
Icon for Education Services Education Services 4%
Icon for TMT TMT 4%

Geography

Piechart for Geography
North America 76%
Europe 24%

Sponsor

Piechart for Sponsor
Sponsor-Backed 89%
Non-Sponsored 11%

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