Introducing Our Investment Philosophy: The Four Pillars of Strength Private credit is a dynamic, ever-evolving space, and standing out requires more than a competitive edge—it demands a disciplined investment philosophy built on unshakable foundations. Our firm has distilled our approach into four core pillars of strength, each of which plays a critical role in delivering consistent, uncorrelated returns for our…
BACK TO THE BEGINNING – THE GARRINGTON PRIVATE CREDIT STRATEGY AS COMPARED TO CORPORATE BOND FUNDS It’s 2022—the markets are a rollercoaster investors don’t want to ride. In the US, both bonds and equities are down double digits. Having been in the private credit space for almost 10 years with the Garrington Private Credit Strategy, I wanted to shout from…
The Garrington Private Credit Fund (the “Fund”) returned 0.90% (Class I Units) in July. Annualized returns since inception (January 2021) are 10.26%. Fund Insights The Fund’s underlying portfolio (the “Portfolio”) (as at July 31, 2024) has exposure to approximately 96 invoice factoring, ABL, equipment finance, real estate, lender finance, specialty finance or similar type loans. Presently, the geographic weighting of the Portfolio is approximately 72% to the US…
Effective July 17, 2024, the Fund name was changed from “Coral Cove Private Credit Fund Ltd.” to “Garrington Private Credit Fund Ltd.”. The decision to change the Fund’s name was made to harmonize our marketing efforts to align with Garrington Capital. We believe the new name, Garrington Private Credit Fund, ties together a much clearer story of our approach and…
Garrington Capital partners with CAEP Asset Managers for easy access to diversified portfolio of more than 100 loans to SMEs in North America Garrington Capital, a leading secured asset-based lender providing private loans to small and medium-sized enterprises across North America, is offering its Coral Cove Private Credit Strategy to a global audience via an actively managed certificate (AMC). Garrington…
FUND COMMENTARY- The Coral Cove Private Credit Fund (the “Fund”) returned 0.89% (Class I Units) in April. Annualized returns since inception (January 2021) are 10.11%. Fund Insights The Fund’s underlying portfolio (the “Portfolio”) (as at April 30,2024) has exposure to approximately 101 invoice factoring, ABL, equipment finance, real estate, lender finance, specialty finance or similar type loans. Presently, the geographic weighting of the portfolio is approximately 83% to…
FUND COMMENTARY- The Coral Cove Private Credit Fund (the “Fund”) returned 0.86% (Class I Units) in March. Annualized returns since inception (January 2021) are 10.08%. Fund Insights The Fund’s underlying portfolio (the “Portfolio”) (as at March 31,2024) has exposure to approximately 102 invoice factoring, ABL, equipment finance, real estate, lender finance, specialty finance or similar type loans. Presently, the geographic weighting of the portfolio is approximately 79% to the…
FUND COMMENTARY The Coral Cove Private Credit Fund (the “Fund”) returned 0.89% (Class I Units) in February. Annualized returns since inception (January 2021) are 10.06%. Fund Insights The Fund’s underlying portfolio (the “Portfolio”) (as at Feb 29,2024) has exposure to approximately 103 invoice factoring, ABL, equipment finance, real estate, lender finance, specialty finance or similar type loans. Presently, the geographic weighting of the portfolio is…
