Why PGC’s
All-Spectrum Credit Strategy?
Flexible and Agile Investment Approach to Capture Various Return Opportunities amid Volatile Capital Markets
Instead of a single investment approach (i.e., private equity sponsor-backed senior loans), our investment focus adapts in response to evolving market conditions. We believe the key is to make agile shifts in our investment approach to capture various market windows for additional risk-adjusted returns.
Multi-faceted Investment Style to Cover All-spectrum Credit Tranches
Our investment strategy covers both opportunistic and performing credit. We look for both cash flow and asset backed loans. We underwrite credits from senior secured loans to mezzanine. We believe investment opportunities in private credit come from all directions, not just from a single, fixated investment mandate.
Actively Pursuing Co-investment Approach
PGC actively pursues co-investments with other credit managers with whom we have close relationships. This allows us to access a broader set of investment opportunities compared to solely sourced investment approach.
Tactical Sector Tilt to Avoid Risky Industry Sectors and Minimize Systematic and Unsystematic Risks
PGC’s investment team carefully monitors and carves out risky industry sectors given market conditions to minimize systematic and unsystematic risks.
Our Investment Strategy
We combine prudent credit selection process with the merits of multi-strategy approach to pursue consistent investment alpha.
PGC’s unique focus on all-spectrum credit approach, which encompasses senior, junior, asset backed, and mezzanine tranche assets, enables us to capture attractive risk-adjusted returns amid volatile capital market conditions.
Our strategy is to capture various opportunistic credit situations in certain unique circumstances or actively exploit a specific market window (for instance, short or mid-term market disruptions) to achieve return premiums.
Based on PGC’s in-depth U.S. industry sector and credit market research, we continually implement “tactical sector tilt” to avoid risky and vulnerable industry sectors in market down-turns.
