Our direct lending strategy is designed to fill in the gap left by traditional lenders as they retrench – a trend being driven in particular by the additional capital requirements under Basel IV for loans to middle-market borrowers, which are generally lower rated. That means mid-sized companies will need to turn to alternative financing providers, like Patrimonium.
Our strong focus on sound credit metrics – coupled with the additional protection provided by the high equity values and hard-asset collateral we require – make our portfolios’ performance resilient to a weakening economy.
Today we are reaping the benefits of our two decades of experience, including through the last credit cycle, which we navigated successfully with our portfolio companies.
Our middle-market debt funds are comprised of senior secured loans to mid-sized companies with sound business models and revenue of between €10m and €500m. Our geographical focus is on Switzerland, Germany and neighbouring European countries. We screen companies to make sure they have predictable operating cash flows, and we usually require tangible, ring-fenced assets as collateral.
Quarterly dividend payments
Direct senior-secured lending to middle market companies
Luxemburg SICAV SIF SCA
No leverage at fund level
Dividend paying fund shares
Closed-end; no cash liquidity
Patrimonium Asset Management AG
RBC Investor Services BAnk SA
RBC Investor Services Bank SA