The Third Pillar: Layers of Oversight Following the difficult task of sourcing opportunities and the rigor of the underwriting process the work of managing risk through effective and efficient portfolio management begins. It is not enough to thoughtfully choose opportunities and robustly scrutinize the collateral and business plan at the start of the relationship. There is as much (or more)…
The Four Pillars of Strength – Pillar #2 – Robust and Efficient Underwriting: The Backbone of Smart Lending Welcome to the second installment of our Four Pillars of Strength blog series. In private credit, success hinges on more than opportunity—it demands precision, discipline, and a deep understanding of risk. Robust and Efficient Underwriting is at the heart of Garrington’s investment philosophy, a…
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…
BACK TO THE BEGINNING – ACHIEVING STEADY RETURNS – THE CORE OF GARRINGTON CAPITAL’S MISSION At the heart of our mission is a simple belief: we can achieve 8-12% annual returns without ever experiencing a rolling 12-month period of negative performance. This is not just an investment objective—it’s the foundation of why we do what we do. In a world…
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…
