ABOUT PRIVATE DEBT PARTNERS

PRIVATE DEBT MANAGER
FIRM PROFILE

Private Debt Partners (PDP) is a private debt firm solely focused on Canadian mid-market opportunities. PDP originates and structures senior first lien term loans to high-quality companies with strong market positions, management teams, and financial performance.

PDP’s management team is led by Jean-Christophe Greck (President & CEO) and Jeffrey Deacon (Managing Partner), who bring extensive experience in fundraising, loan origination, underwriting and portfolio management in Canada. The origination team is one of the most experienced mid-market lending groups in Canada.

PDP’s leading investors include Stephen Lister (Chairman of the Board), Co-Founder of Imperial Capital, one of Canada’s most successful private equity buy-out firms, and Thomas MacMillan (Investment Committee Chair), former Chairman and CEO of CIBC Mellon.

CANADA
FIRST

Private Debt Partners (PDP) understands the critical role that mid-market businesses play in Canada’s economy. Yet many of these businesses face significant challenges in accessing debt financing, with Canada’s 2.25% SME lending spread – the difference between interest rates charged to small and medium businesses versus larges businesses – being the highest in the OECD among advanced economies.

Despite this, Canadian small and medium-sized enterprises (SMEs) – which number around 1.1 million – are the backbone of the economy, contributing approximately half of the business sector’s output and employing over 60% of Canadians in the private sector, equating to about 8 million jobs.

At PDP, we are dedicated to bridging the financing gap by providing well-informed, creative and flexible senior term debt solutions tailored specifically for mid-market borrowers. Through our best-in-class financing solutions, we support Canadian businesses as they grow, innovate, and create jobs, helping to build a prosperous future for all.

By partnering with Canadian businesses, PDP aims to be a catalyst for economic strength, providing the vital financial support necessary to overcome the barriers faced by many mid-market enterprises. Our approach reflects a deep commitment to sustaining and advancing Canada’s economy vitality through smart, responsible investment and lending.

This dedication makes PDP a trusted partner for Canadian businesses seeking growth and stability in a competitive market.

MISSION

PDP’s mission is delivering superior risk-adjusted returns and enhanced portfolio diversification to investors while offering a patient capital lending approach to well-managed Canadian mid-market businesses.

VALUES

  • Honesty, integrity, transparency, and accountability
  • Full alignment with investors
  • Collaborative relationships with borrowers
  • Respect for all stakeholders and treatment with dignity and professionalism
  • Operational excellence and teamwork

RESPONSIBLE INVESTING
AND ESG POLICY

PDP maintains a fiduciary duty to act in the best long-term interests of our limited partners/investors. We believe that ESG issues play an integral role in the due diligence and evaluation of possible investments and consequently, the performance of our investment portfolio.

As a signatory of the UN Principles for Responsible Investment (“UNPRI”) since inception, PDP consistently incorporates ESG risk evaluation in credit underwriting and review processes. ESG analysis is a core part of PDP’s due diligence framework, with a comprehensive rating methodology to assess borrower ESG performance, strategies, and risks.

As part of PDP’s responsible investing practice, the company refrains from investing in borrowers that exhibit certain characteristics that are deemed undesirable (i.e. tobacco, cannabis and weapons). Throughout the investment process, PDP utilizes a three-pronged approach when evaluating ESG issues, which includes a Macro view (i.e. climate change); Micro view (i.e. ESG exposure and its effect on financial performance); and a Sector view (i.e. regulatory changes).

GOVERNANCE

PDP is committed to upholding strong Corporate Governance principles and aims to continue to strengthen the Board of Directors and management accountability to maintain trust in the company, in order to promote long-term shareholder and investor interests and value.

PDP’s approach to Corporate Governance is based on sound principles, which include an independent and diverse Board of Directors, a transparent and accountable culture, effective controls and risk management practices, and a commitment to protecting long-term shareholder and investor value.

PDP believes the Board of Directors should be comprised of a majority of independent members and ensure a diverse set of backgrounds aimed at enhancing shareholder value. Furthermore, Executive Compensation should be based on clear principles that are transparent, competitive, and aligned with the long-term financial objectives of the company.