Experienced team of investment professionals sees significant opportunity to target underserved high-quality mid-market companies.
The launch of Private Debt Partners (PDP) wasn’t planned to coincide with Covid-19, but the timing could prove serendipitous to investors in search of predictable yields in an unpredictable market.
PDP, an alternative asset manager headquartered in Toronto with an office in Montreal, announced its launch on Wednesday — a launch that had been in the works “well before the Covid crisis became a reality,” said Jeffrey Deacon, the firm’s co-founder.
Un trio de professionnels en financement d’entreprises qui a quitté la firme torontoise Integrated Asset Management après son achat par la montréalaise Fiera Capital fait un retour dans le marché canadien de la dette privée d’entreprises.
Three credit market veterans are launching a new long-term lender, Private Debt Partners Inc., on Wednesday with plans to raise a $750-million fund that will back businesses rebuilding from the pandemic-induced economic downturn.