Credit

Credit

We are a global leader in diversified alternative credit. 

Overview

 The extensive breadth and depth of our credit platform gives clients access to opportunities that span the liquidity spectrum across the credit landscape. This allows us access to differentiated deal flow and provides the flexibility to execute through direct transactions, primary funds, co-investments, and secondaries. 

30+

years of investing in credit

$16

billion invested/committed

100+

clients invested in credit-focused mandates1

300+

credit investments over Firm history

Broad Coverage of Credit Opportunities

  • Across the liquidity spectrum

More Liquid

Less Liquid

Structured Credit

  • RMBS
  • CMBS

Corporate Credit

  • Large cap distressed
  • High yield short
  • Long / short credit

Structured Credit

  • CLO debt / equity
  • CDOs

Corporate Credit

  • Liquidation claims
  • Middle market stressed

Specialty/Niche Credit

  • Performing loan pools

Distressed Credit

  • Influence / non control

Mezzanine

  • Subordinated debt
  • Structured equity

Specialty/Niche Credit

  • Aircraft / shipping
  • Regulatory capital
  • Litigation finance
  • Healthcare royalties
  • Non-performing loan pools

Distressed Credit

  • Turnaround
  • Distress for control

Real Assets

  • Real estate lending
  • Project financing
  • Infrastructure debt

Direct Lending

  • Specialty lending
  • Rescue financing
  • First lien
  • Unitranche

How We Invest

Direct Investments

Investments made directly into businesses or securities.

Co-Investments

Investments made directly into businesses or securities in partnership with a manager.

Fund Investments​

Investments in managers’ multi-client funds; such investments are also known as primary fund investments.

Secondary Transactions​

Acquired interests in a primary fund after the fund has been at least partially deployed in underlying investments.

Full Coverage of Asset Classes

Access to a broad range of strategies within credit that span the liquidity spectrum

Flexible Implementation

Ability to invest in primary funds, direct, secondaries, and co-investments

Unique Deal Flow

Robust global platform provides direct and co-investment opportunities across the credit landscape

Related News and Insights

Countering Today’s Headwinds with Opportunistic Credit Strategies

Despite a challenging fixed income environment, we see a wide range of investment opportunities in the non-traditional portion of the global credit markets. Here, we explore some of the attributes that can drive value in opportunistic credit and outline key investment themes that address the current headwinds for fixed income and credit investors.

Read More »
April 25, 2019

Investments reviewed as of December 31, 2019. Liquid and intermediate credit investments and direct and co-investment data as of October 1, 2021. Longer duration private credit commitment data as of June 30, 2021. 

 

1 Data as of December 31, 2020. Client count includes clients invested in all multi-client credit focused portfolios and single-client mandates for which there has been a heavy emphasis on credit (greater than 75%).

 

No assurance can be given that any investment will achieve its objectives or avoid losses. Unless apparent from context, all statements herein represent GCM Grosvenor’s opinion.