GARRINGTON PRIVATE CREDIT FUND BY GARRINGTON
OVERVIEW:
The Garrington Private Credit Fund (the “Garrington Fund” or the “Fund“), focuses on private debt opportunities originated and managed by Garrington Group Inc. (“Garrington“), one of the leading secured asset-backed lenders providing private loans to SME businesses across North America.
INVESTMENT OBJECTIVE:
The Fund aims to achieve consistent, risk-adjusted returns with minimal volatility and low correlation to most traditional asset classes.
ACCESS:
Through Garrington, the Fund provides access to a diversified portfolio of predominately short-term privately negotiated loans
CAPITAL PRESERVATION:
The risk of capital loss is low through a diversified portfolio of loans that are generally secured by assets.
ATTRACTIVE YIELD PROFILE:
The Fund has quarterly distributions, at a variable rate tied to the fund realized gains/yield, which historically has been over 8% per annum.
LOW CORRELATION:
The Fund is expected to have low correlation to traditional asset classes.
LOW INTEREST RATE SENSITIVITY:
Predominantly due to the fact that the loans primarily have short-term maturity dates, many are floating rate in nature and that private loans are not publicly traded.
FUND STRATEGY:
The Garrington Fund will allocate capital to a diversified portfolio of commercial finance and secured loan investments focusing on asset-based lending, lender financing, specialty financing, real estate financing, and equipment financing (areas of which traditional lenders are retreating).
LOAN TYPES
