Our asset-based lending strategy is designed to take advantage of the growing number of companies running into more challenging situations. We use an asset-based lending approach where collateral in the form of hard assets is at the core of each lending decision.
Our asset-based lending strategies are comprised mainly of senior secured loans to mid-sized companies that are undergoing a restructuring, turnaround, or other type of corporate transition. Our geographical focus is on Germany and neighboring European countries. These loans are sourced and negotiated directly. Patrimonium is often the sole lender, and we typically require tangible, ring-fenced assets as collateral.
Private Credit
Quarterly dividend payments
EUR 500m
31 Dec. 2010
EUR
Asset-based lending to middle-market companies
10%-12%
Institutional Investors
Luxemburg SICAV SIF SCA
No leverage
Dividend paying shares
Closed-end; no cash liquidity
Patrimonium Asset Management AG
Aztec Financial Services (Luxembourg) S.A
Aztec Financial Services (Luxembourg) S.A
CSSF (Luxembourg)