Infrastructure and structured loans - Investment Criteria
- Desired ticket size: Minimum of EUR 25 mill.
- Geographical focus: Northern Europe and North America
- Preference for floating rate
- Can be infrastructure assets or an diversified asset pool
- Preferebly senior secured
- PensionDanmark does not have any rating requirements, but in general targets credits that have a BBB equivalent credit quality or better
Corporate Loans - Investment Criteria
- Medium investment horizon (3-10 years)
- Desired ticket size: EUR 25-60 mill.
- Geographical focus: Primarily Northern Europe
- Stable business models with defensible market position and demonstrated competitive advantages
- Senior, unitranche and mezzanine financings
- Preferable sponsored by top tier PE sponsor with relevant sector expertise
Credit Funds - 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