Unlocking opportunities and creating value

Our approach to asset-backed finance is designed as an all-weather strategy with a broad and flexible mandate across industry verticals and uncorrelated assets

Our financing supporting traditional consumer and corporate activity is secured by high-quality collateral to ensure principal protection

We establish long-term relationships and align interests with asset operators in return for proprietary flow of assets at attractive risk-adjusted yields

We invest across subsectors of real assets and geographies offering flexible capital solutions including debt and equity to best-in-class operating partners, tenants, and borrowers

Our underwriting starts with a focus on downside protection while seeking to provide predictable current income and attractive excess return per unit of risk

We provide borrowers with flexible capital to help address structural or situational needs in our target industry verticals

We focus on sectors with less competition and cyclicality to avoid “chasing the market” with the goal of meaningfully outperforming on an absolute and relative value basis

Our approach to sourcing and underwriting is anchored in our philosophy of prioritizing downside protection vs. capturing market share

We have a deep understanding of insurance liabilities and their underlying cash flow and risk dynamics, enabling us to create custom asset portfolios that best meet the needs of policyholders and insurance companies

Our in-house quant teams and actuaries develop cash-flow matching and hedging-based solutions to create optimal asset allocation, in an effort to balance clients’ need to offer competitive products with their mandate to grow distributable earnings relative to constraints on required capital liquidity and surplus volatility

Our offering includes asset liability management solutions, asset structuring for optimal capital efficiency across jurisdictions, derivative and collateral management, insurance product designs including custom indices, and outsourced CIO capabilities for strategic and tactical asset allocation