Purpose Specialty Lending Trust
A global private debt fund providing truly low correlation and an attractive return by investing in private markets.
What is Private Debt?
Broadly defined as privately negotiated loans, private debt is an emerging asset class where institutions are stepping in to fill the gap where banks will not lend. At US$1-trillion, private debt funds are projected to more than double in the next decade. As a favoured asset class of pension plans and institutions, private debt offers investors a diversifying return stream that’s truly independent of broader markets. Because the private debt market is less liquid than public fixed income and equity markets, there is a greater opportunity for a more favourable risk-adjusted return. Specialty knowledge and expertise is key to maximizing the benefits of this unique category.
Types of Private Debt
Supply Chain Financing
The Power of Private Debt in Your Portfolio
Growth of hypothetical $100,000 portfolio
Purpose Speciality Lending Trust
Canada’s first multi-manager private debt fund, built with best-in-class credit managers from around the globe.
Price: $10.00 per unit Tax Status: Registered Structure: Offering Memorandum Minimum Purchase: $10,000 Leverage: Maximum of 15% of NAV Currency Hedging: Hedge the $US exposure back to $C Redemption: Monthly, 90 days’ notice Settlement: T+15
Will not have a fixed quarterly distribution amount, but distributions are initially targeted to be 8.0%.
How to Purchase
Class F1: PFC3401 Mgmt Fee: 0.65 Performance Fee: See Offering Memorandum
Class A1: PFC3400 Mgmt Fee: 1.65 Performance Fee: See Offering Memorandum
Funds Closures To Date
Monroe Capital Income Plus
Originates senior secured loans and uni-tranche loans in the lower middle market companies located throughout the U.S. and Canada
Oaktree Middle-Market Direct Lending Fund
Primarily focused on directly originated senior secured loans made to performing middle-market borrowers located in North America
ONEX Senior Credit Fund
Syndicated leveraged loans of non-investment grade companies mainly in the U.S., as well as in Canada and Europe
ONEX Credit Lending Partners
Senior secured first lien corporate loans and other loan investments in private equity sponsor-owned portfolio companies and selectively, other borrowers
Brookfield Credit Opportunities Trust
Opportunistic, global credit strategy that includes investments in equities, credit and distressed debt
Victory Park Capital Speciality Finance Fund
Comprised of investments in the specialty lending market through origination, peer-to-peer platforms, and privately negotiated loans to lower middle-market companies
BeechBrook UK SME Credit II
London based manager, focused on senior secured lending to SME’s in the lower middle market for funding corporate growth or expansions in Northern and Western Europe
TransAsia Asia Trade Finance Fund
Supply chain financing focused on short term asset backed loans in the department of goods and receivables, typically with one leg of the trade route connecting to Asia