Purpose Specialty Lending Trust
A private lending solution tailored to the needs of investors in today’s market, with attractive risk return, low interest rate sensitivity
Why private debt?
At $1 trillion USD globally, private debt is still an emerging asset class that continues to flourish as institutions have stepped in where banks no longer lend.
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
Originates senior secured loans and uni-tranche loans in the lower middle market companies located throughout the U.S. and Canada
Primarily focused on directly originated senior secured loans made to performing middle-market borrowers located in North America
Comprised of investments in the specialty lending market through origination, peer-to-peer platforms, and privately negotiated loans to lower middle-market companies
Syndicated leveraged loans of non-investment grade companies mainly in the U.S., as well as in Canada and Europe
Opportunistic, global credit strategy that includes investments in equities, credit and distressed debt
Senior secured first lien corporate loans and other loan investments in private equity sponsor-owned portfolio companies and selectively, other borrowers