Objective
We are long-term investors with the capability and flexibility to be an active and value-adding partner in a wide range of transactions
Our investment focus is infrastructure loans, structured loans, corporate loans and credit funds that meets our investment criteria. Our direct investments can be both in senior secured credits as well as junior and mezzanine loan tranches. Our fund investments cover a broad scope and are primarily driven by the objective to obtain the most efficient access to selective investment opportunities.
Our aim is to build a diversified portfolio in cooperation with experienced investors and sponsors as well as being an investment partner to banks, asset managers and other institutions.
Direct Loans
Our focus is to invest in high quality companies and projects. The aim is to harvest a premium by working with sponsors in developing flexible financial solutions.
Investment Criteria
- Desired ticket size: Minimum of EUR 25m
- Geographical focus: Northern Europe and North America
- Preference for floating rate
- Can be infrastructure assets, diversified asset pool or companies with stable business models, defensible market positions and demonstrated competitive advantages
- Senior, unitranche and mezzanine financings
Credit Funds
We invest in credit funds when they offer market access, resources and skills, which we do not possess in-house. As with other private debt investments, we seek investment opportunities where there is an attractive premium for illiquidity, complexity and tenor to be harvested.
Investment Criteria
- Funds that offer illiquidity and structuring premiums
- Often regulatory driven investment scope
- Well established and stable management teams
- Proven and strong track record
- Provide resources and skills that PensionDanmark does not possess in-house
- Primarily US and European focus