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…
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…
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…