Experience
Seasoned team with 20+ years of experience together providing over $10 billion in loans to middle market companies across multiple cycles
Private Credit
Invesco Direct Lending
Invesco Private Credit is one of the leading financiers of global private equity, with $25+ billion of capital outstanding to 200+ sponsors. For decades, our veteran Direct Lending team has served as a reliable, long-term partner to premier private equity sponsors seeking middle-market debt solutions.
$25B+
in loans outstanding to private equity firms across platform
As of December 31, 2023 Invesco Senior Secured Management, Inc platform assets.
200+
private equity firms we currently lend to across platform
20+
years of team experience together in middle-market lending
Why partner with Invesco?
Our Direct Lending team has decades of experience in sourcing, underwriting, and executing senior secured loans in the core middle market. We are a trusted partner to leading deal sponsors seeking capital and investors targeting compelling sources of risk-adjusted return.
Partnership approach
History of building multi-decade partnerships with private equity firms and investorsIntegrated platform
Fully integrated, private-side senior loan platform with the ability to support portfolioEfficient diligence process
One of the largest sector-based senior loans research teams with 20+ credit analysts and a proprietary credit library of 2000+ company issuers resulting in informed and efficient diligenceInstitutional support
Extensive resources and infrastructure of a large, diversified global asset manager with $1.5 trillion of client capital and one of the largest senior loan managers with $38+ billion of AUM
Transactions
Our veteran Direct Lending team has served as a reliable partner to leading private equity sponsors providing debt financing to their core middle market portfolio companies across a range of industries.
Invesco Direct Lending — target investment criteria
| Category | Criteria |
|---|---|
| Company size | Middle market companies with EBITDA of $10 million-$75 million |
| Investment size | Target holds of $20 million-$100 million |
| Target assets | Revolver, First Lien, Delayed Draw Term Loan, Unitranche, Second Lien |
| Geographic focus | US, Canada, with capability to invest in Europe |
| Industry focus | Broad industry coverage mandate |
| Transaction types | Leveraged buyouts, acquisitions, refinancings, recapitalizations, platform builds |
| Currencies funded | USD, GBP, EUR |
Recent transactions
a portfolio company of
One Equity Partners
a portfolio company of
Audax Group
a portfolio company of
One Equity Partners
These represent the last three transactions executed by the Invesco Direct Lending team through April 2024. A full list can be viewed by clicking the view transaction button.
ESG approach
Invesco Private Credit strives to stay at the forefront of ESG integration in private credit. To best address the challenges of the private nature of our market, our platform has developed a proprietary framework to effectively underwrite ESG considerations. We utilize a proprietary, 16-factor ESG analysis.
$11B
of ESG mandate assets
As of August 31, 2023
800+
issuers underwritten to proprietary ESG framework
16
factors in ESG framework to independently evaluate each company and issuer
Strategies
Private Credit
Invesco Private Credit is one of the world’s largest and longest-tenured private credit managers. We leverage a consistent, conservative fundamental credit process to pursue opportunities across broadly syndicated loans, direct lending, and distressed debt and special situations.
Broadly Syndicated Loans
Our investment philosophy is grounded in a fundamental bottom-up risk assessment of each asset we invest in coupled with top-down macro risk positioning tied to broader economic trends and processes.
Distressed Credit and Special Situations
We believe that inefficient markets can provide attractive risk-adjusted returns regardless of economic cycles. Our integrated global credit platform provides a competitive edge in sourcing, diligence, and execution.
Multi-Strategy Private Credit
Our ability to leverage the Invesco Private Credit platform and allocate across private asset classes based on the market environment or investor risk/return objectives is a defining feature of our approach.
Learn more about Invesco Private Credit
Please reach out to learn more about our capabilities in Direct Lending, Distressed Credit and Special Situations, and Broadly Syndicated Loans.
While portfolio managers may consider Environmental, Social, and Governance (ESG) aspects, there is no guarantee that the evaluation of ESG considerations will be additive to a strategy’s performance.
Whilst the manager considers ESG+R aspects they are not bound by any specific ESG+R criteria and have the flexibility to invest across the ESG+R spectrum from best to worst in class.
