Investment Philosophy

Patrimonium's investments are carefully underwritten, structured and monitored:

 

Proprietary Deal Sourcing

We tend not to participate in auction processes, and rather seek opportunities that are outside the mainstream due to the particular circumstances affecting the Mittelstand company.

Due to a long-established, proprietary network and close working relationships to the relevant market participants we are able to react swiftly and often in advance of competing interests, all the while taking advantage of opportunities before they come to market.

 

Capital Protection

Our approach is to combine protection against loss, which stems from financing mainly against hard assets, or by returning companies to financial viability through balance sheet restructuring and the application of reasonable capital structures combined with sound credit metrics.

 

Investment Selection and Monitoring

We believe that the key to investment success is sound investment selection. Consistent and extensive on-site credit analysis is crucial to value creation, followed by close involvement and monitoring of operational or strategic measures. A tailored, bespoke transaction structure is equally critical to investment success. We believe in close and continuous monitoring over the entire investment lifecycle.

 

More information on our philosophy in these articles:

 

Patrimonium’s insights on Germany’s mid-market in PDI non-sponsored finance
May 2017

 

Patrimonium on the German direct lending market in PDI non-sponsored finance 

May 2017

 

Patrimonium zum Thema Mittelstands-finanzierung im Unternehmermagazin
September 2016

 

Patrimonium’s expert commentary in PDI sponsorless finance special

June 2016