AllianzGI acquired the assets of Sound Harbor Partners to provide US Private Credit Solutions and accelerate the global build-out of its Private Debt Platform. AllianzGI US Private Credit Solutions is an alternative investment manager that provides private credit to U.S. companies. Our investments include secured loans, senior debt, subordinated debt and equity securities. Our Credit Solutions Strategy invests in middle market businesses to fund balance sheet restructuring needs and strategic growth initiatives. Our Loan Strategy invests in secured loans held in CLOs and SMAs.
The Sound Harbor Credit Solutions Strategy provides private credit to middle market businesses. We take a private equity approach to making credit investments that provide solutions across the capital structure and value for our portfolio companies. Our Senior Operating Advisors’ expertise enhances the team’s ability to diligence and provide oversight to portfolio companies. The investment team has a proven ability to source, structure and close on creative credit investments.
Typical Investment Parameters:
The Sound Harbor Loan Strategy invests in secured corporate loans held in CLOs and SMAs on behalf of a global investor base. We utilize a fundamental value approach to underwriting and managing a portfolio of secured loans and have reviewed over 5,000 loans and invested in approximately 1,000 loans since 2001. We leverage extensive contacts in the dealer community and expertise in non-investment grade assets and industry sectors to source and maintain a diversified portfolio seeking to maximize risk-adjusted returns.
Typical Investment Parameters:
Sound Harbor’s proprietary risk rating system, TracePointTM, provides a repeatable analytic framework for assessing fundamental value across market cycles. TracePoint provides our investment teams with a scalable system for investment approval, portfolio company monitoring, risk management and investor reporting. TracePoint is a Sound Harbor innovation deployed with our market-leading technology partner, Black Mountain Systems.
The TracePoint Risk Rating System:
* The descriptions of the investment and risk management processes herein are simplified presentations of complex processes. The descriptions of the Investment Manager’s investment process and risk management process are intended to be representative, but the investment process and risk management process may be changed from time to time by the Investment Manager, and the Investment Manager may not perform certain steps, or may perform additional steps, in its discretion.
To learn more about Tecumseh, please visit http://www.tecumseh.com
To learn more about Veritas Steel, please visit http://www.veritassteel.com
To learn more about Precision, please visit http://www.precisionglobal.com/
* References to specific securities and their issues are examples of securities held in the portfolio and are not intended to be, and should not be interpreted as an offer, solicitation or recommendation to purchase or sell any financial instrument, an indication that the purchase of such securities was or will be profitable, or representative of the composition or performance of the portfolio. The securities identified do not represent all securities purchased, sold or recommended for portfolios. Actual holdings will vary by portfolio and there is no guarantee that a portfolio will have the same characteristics.
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